Property News · May 2, 2018

Government curbs and costly mortgages temper optimism among China’s property developers


China’s property developers are less optimistic about the outlook this year as authorities across the country tighten restrictions on buyers and banks make mortgages more expensive, with the boom in smaller cities that had previously fuelled growth also set to cool.
So far this year more than 90 measures to curb property buying have been implemented by cities nationwide, including eligibility restrictions for buyers, increases in down payments and direct price caps, according to property…

Source : South China Morning Post
Read more…Government curbs and costly mortgages temper optimism among China’s property developers

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