Officials in China are moving to implement a handful of strategies to combat the housing slump, including tax breaks, smaller down-payment requirements and lower loan rates for first-time buyers.
"Just a year ago, enthusiasm for housing knew few bounds, as people all around China lined up outside new housing developments for the first chance to buy. But worries grew that a bubble was developing, and the government stepped in with measures aimed at deterring speculative buyers and taking some of the froth out of housing prices. Those seemed to be working as intended -- until the global financial crisis frightened consumers and sucked away much of the optimism about China's prospects.
Housing sales, which at one point last year were rising by more than 50% from a year earlier, softened early this year, and are now plunging. Floor space sold dropped 36% in August. Average nationwide housing prices have fallen month-on-month in both August and September, and growth in new construction is slowing sharply as developers, squeezed for cash, have to cut back.
"Now everybody believes the price will go down. And the developers don't want to sell at a lower price. Nobody wants to sell, and nobody wants to buy," says William Xin, chief financial officer of China Housing & Land Development Inc., a developer in the western city of Xi'an."
FULL STORY: China Aids Home Buyers to Curb Impact of Slump

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Map: Where Senate Republicans Want to Sell Your Public Lands
For public land advocates, the Senate Republicans’ proposal to sell millions of acres of public land in the West is “the biggest fight of their careers.”

Restaurant Patios Were a Pandemic Win — Why Were They so Hard to Keep?
Social distancing requirements and changes in travel patterns prompted cities to pilot new uses for street and sidewalk space. Then it got complicated.

Platform Pilsner: Vancouver Transit Agency Releases... a Beer?
TransLink will receive a portion of every sale of the four-pack.

Toronto Weighs Cheaper Transit, Parking Hikes for Major Events
Special event rates would take effect during large festivals, sports games and concerts to ‘discourage driving, manage congestion and free up space for transit.”

Berlin to Consider Car-Free Zone Larger Than Manhattan
The area bound by the 22-mile Ringbahn would still allow 12 uses of a private automobile per year per person, and several other exemptions.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
JM Goldson LLC
Custer County Colorado
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Camden Redevelopment Agency
City of Claremont
Municipality of Princeton (NJ)