Property News · November 23, 2023

China’s property crisis: Shenzhen cuts down payments for second-home buyers, joining fray of cities trying to revive demand


Authorities in Shenzhen, China’s technology hub, are reducing the down payment required from people buying a second home, joining a fray of big cities paring back restrictions in a bid to revive the flagging property market.

Source : South China Morning Post
Read more…China’s property crisis: Shenzhen cuts down payments for second-home buyers, joining fray of cities trying to revive demand