China’s US$1.7 trillion housing market is getting some positive vibes from local government officials in pockets of locations, helping property developers recover from the crushing effects of policy tightening in the industry.Foshan in southern Guangdong province would be “open to and welcome investment by property firms” and would take steps to help lower their cost of fundraising,” according to a Friday announcement labelled as “measures for a good start of economic development in the first…
Source : South China Morning Post
Read more…China’s housing market gains support as Foshan, smaller cities send positive vibes to developers, buyers
