Property News · August 8, 2018

Chinese property developers face rising complaints as rush to build hits safety and quality


Mainland China’s property developers are facing a rising tide of complaints about safety and quality as they rush to build and sell as many properties as possible to cope with declining income in the face of government measures to cool the market.
With caps placed on the prices they can sell at, as well as increasing difficulty in getting funding because of government concerns over rising debt, developers have adopted a “build fast and sell fast” approach that has led to…

Source : South China Morning Post
Read more…Chinese property developers face rising complaints as rush to build hits safety and quality

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