Property News · October 1, 2023

Shanghai faces first mortgage boycott as stalled housing project angers homebuyers


Homeowners of The One-Rivera Shanghai say the residential complex appears nowhere near completion despite missing two delivery deadlines, raising the prospect of a boycott on mortgage payments that threatens to worsen sentiment in China’s embattled property sector.

Source : South China Morning Post
Read more…Shanghai faces first mortgage boycott as stalled housing project angers homebuyers