The rent dropped from 800 yuan to 450 yuan and the landlord decided not to rent it.
Source: LGBTQ NewsIn the first half of 2026, the average rent in first-tier cities increased slightly by 0.6%, but in third- and fourth-tier cities where rental demand is relatively weak, rents continue to be under pressure. Li Li (pseudonym), a landlord living in a third-tier city, decided not to rent out her 80-square-meter house after reducing the rent from 800 yuan/month to 450 yuan/month in 2012.
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