Property News · May 22, 2023

Has China changed tune on big discounts on new homes, after local authorities no longer view lower ‘market-led’ prices as ‘bad behaviour’?


Discounts of as much as 28 per cent at a project located an hour’s drive from the city centre of Shenzhen are described by local housing authority staff as market-led behaviour, according to Chinese media.

Source : South China Morning Post
Read more…Has China changed tune on big discounts on new homes, after local authorities no longer view lower ‘market-led’ prices as ‘bad behaviour’?