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China - Shenzhen Eases Home Purchase Curbs to Unleash Demand

China - Shenzhen Eases Home Purchase Curbs to Unleash Demand
Caixin report on one of China's megacities, Shenzen, rolling back some of the nation’s strictest limits on home purchases: The city of 17.6 million people introduced a series of measures starting in 2016 aiming to blunt skyrocketing housing prices and speculationIn late August, Shenzhen adjusted the definition of first-home buyers to allow more people to qualify for lower mortgage rates and lower down payments. Last week, the city partly scrapped a long-time restriction and allowed residents f... Read More
Posted: Sep 13 2023, 21:49
Author Name: forexlive
Views: 091280

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