Tuesday, April 20, 2010

China curbing speculation

Tighter mortgage policy affects market

The central government's new lending policies are having an effect on the property market. The impact is already being felt in first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen. In southern China's boom town Shenzhen, home to numerous housing market dramas, real estate agents find business is suddenly slowing.

Posted by landedgentry @ 09:45 AM (704 views)
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