What does renting a house in Shenzhen mean?

Renting in Shenzhen refers to the phenomenon that there are idle houses for rent in Shenzhen. With the rapid economic development in Shenzhen, more and more people go to this city with a history of more than 40 years to find jobs, start businesses, study or live. Due to the rapid growth of population and economy in Shenzhen, the demand for housing is also increasing, so many homeowners leave their houses idle to meet the market demand, and the rent of model houses or apartments is also rising.

Renting a house in Shenzhen has advantages and disadvantages for both renters and homeowners. Tenants can choose affordable rental housing with good geographical location and complete living facilities, or choose different types of housing methods according to their own needs, such as independent apartments, shared houses and simple homestays. Owners can use vacant houses to obtain stable rental income and reduce the economic burden, but they also face risks such as overdue rent, loss of decoration and reasonable rights protection of tenants.

In order to balance the supply and demand of rental housing in Shenzhen and provide high-quality housing services, the Shenzhen Municipal Government has also promulgated many preferential policies and rules and regulations, such as the incentive policy for housing leasing, the standard requirements for housing leasing contracts, and the complaint handling mechanism for housing leasing. At the same time, homeowners are also encouraged to put vacant houses on the market as soon as possible to meet the needs of renters, expand the rental market and provide support for Shenzhen's economic development.