Asia Pacific real estate investment news and information
China’s decision just before the holiday to lower down-payment requirements on mortgages is already paying off for the country’s property developers, and is expected to ease access to credit for the sector.
After the People’s Bank of China announced on… Read More>>
In a surprise move to boost home sales, China’s government has cut down payment requirements for purchases of additional homes to 20 percent from 30 percent in most cities, for buyers who do not have loans on their existing properties.
The depressing economics of China’s housing bubble are going viral on the Weibo microblogging platform this week as a series of maps is sparking discussion among the country’ netizens about the unaffordability of homes nationwide.
The maps, which compare and… Read More>>
