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What is the difference between an apartment building and a residential building?

The difference between apartments and ordinary houses lies in the number of years of property rights. The most obvious difference between houses and apartments is the number of years of property rights; although there are no restrictions on the use of houses, the use of land property rights has a time limit.

A common feature of apartments is that they are located in central areas, and are generally small and fully decorated. The residents are mainly long-term business customers, who value convenient location and quasi-hotel-style living experience, as well as lower rents than hotels.