Tourists satisfied with Taiwan purchase

It seems mainland tourists are thoroughly satisfied with all they have bought in Taiwan, as they return home laden with bags of shopping. Tourism authorities on the island say they've received no complaints as yet. Although they've made it very clear that should there be any grounds for dissatisfaction, tourists can apply to the Taiwan Travel Quality Assurance Association.

This is an organization that aims to help both shoppers and retailers resolve disputes, as well as provide refunds to shoppers in advance. The association has also issued a Travel Assurance Shopping Guide for travelers. And with more than 150 registered members, visitors to Taiwan certainly have a wide choice in terms of shopping venues.

Shenzhen housing-rental price drops

Shenzhen second-hand property market entered a slump this year. Many property-owners who can't find buyers have to put their homes on the rental market to generate some income. The increase in supply has lowered prices for the overall rental market in the city.

Shenzhen second-hand property market entered a slump this year. Many property-owners who can't find buyers have to put their homes on the rental market to generate some income.

Statistics show the housing rental price in Shenzhen dropped 3.5 percent in the second quarter this year. Luohu district has dropped 4 percent. Industry insiders say the shrinking business in the second-hand property market has caused many property-owners to put their houses onto the rental market, which increased overall supply.

Housing Agent, said, "Some property-owners with many properties are facing greater mortgage pressure. So they are willing to rent some of their units out at a discount of one or two hundred yuan."

However, in the central areas of the city, the rent market is still stable. Smaller apartments are the favorite of home-seekers. Transportation convenience is another major consideration.

Tenant, said, "I mainly consider the location and transportation convenience, so I can go to work easily. Slightly higher prices are acceptable."

Industry insiders say, such a correction in the rental market is reasonable. However, as the overall consumer price-level is rising, it is not likely to drop sharply in the future.