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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

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