What is individual fund-raising to build a house? What is the definition?

A: Raising funds to build houses is a group of China citizens who have civil behavior and the ability to buy houses. They gathered together in a democratic way, voluntarily signed cooperation agreements, set up institutions with independent legal person status, operated cooperative housing projects in a non-profit way, managed funds in a bank trust way, purchased land in Guangzhou urban area through market means, set up owners' committees and standing committees, and set up professional real estate development teams. Build a highly intelligent residential building or community, with a fair housing distribution mode and a reasonable exit mechanism, set up your own property management team and share the benefits of shops and public facilities. Explore a new way for China's urbanization, real estate management and economic standardization.

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