grey market housing
小产权房 xiǎo chǎnquán fáng

Property developed by rural people on collective land 集体土地 without requisition. This retains the value-added in local hands, rather than networks of officials and developers. Ownership is a gamble, as formal title deeds are not provided, hence not honoured by courts. Moves to legalise it are stalled, despite the solution it offers to affordable housing shortages link
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