Property News · December 26, 2023

Local governments inject liquidity into China housing market by encouraging upgrades with limited success. Here’s why


Under a new initiative called ‘old-for-new’, local authorities are helping prospective homebuyers sell their old homes, while offering them partial subsidies to buy new homes.

Source : South China Morning Post
Read more…Local governments inject liquidity into China housing market by encouraging upgrades with limited success. Here’s why