BEIJING -- China is moving to revitalize its slumping property market, easing regulations that stipulated higher mortgage rates and down payments when current apartment owners seek to buy and move into a new one.
Mortgage rates and down payments for second and subsequent homes are set higher for buyers in China. The regulations were put in place to prevent the market from overheating due to speculation.
Bagikan Berita Ini
0 Response to "China aims to spur property purchases by current homeowners - Nikkei Asia"
Post a Comment