Property News · February 12, 2023

China’s disgruntled homeowners drive ‘wave of early repayment’ on mortgages, threatening Beijing’s consumption drive


Amid economic uncertainty and unease about property prices, homeowners in China are sensibly using savings to get ahead on their mortgages, a trend at odds with the national priority of spurring spending.

Source : South China Morning Post
Read more…China’s disgruntled homeowners drive ‘wave of early repayment’ on mortgages, threatening Beijing’s consumption drive