INSIGHT-Investors rush to develop rental housing as Chinese home prices surge HONG KONG, May 5 China's sky-high apartment prices and its footloose generation of millennials are fuelling demand for rental apartments, driving investment by foreign private equity funds and Chinese real estate developers.
Apartment prices have risen faster than house prices in Chinese's surging market, leading to increased building of rental properties.
( z1 have-degree :ARG1 ( z2 rise :ARG1 ( z3 monetary-quantity :ARG2-of ( z4 price :ARG1 ( z5 apartment ) ) ) ) :ARG2 ( z6 fast :ARG1 z2 ) :ARG3 ( z7 more ) :ARG4 ( z8 monetary-quantity :ARG2-of ( z9 price :ARG1 ( z10 house ) ) ) :location ( z11 market :ARG1-of ( z12 surge ) :poss ( z13 country :name ( z14 name :op "China" ) ) ) :ARG0-of ( z15 lead :ARG2 ( z16 increase :ARG1 ( z17 build :ARG1 ( z18 property :ARG1-of ( z19 rent ) ) ) ) ) )