Property News · September 26, 2017

Why China’s recent property tightening targets smaller cities


China’s latest round of property tightening measures are not only targeted at pricking the property bubble of smaller cities, but also sending a clear message to these markets – do not expect housing prices to rebound, according to analysts and economists.
Eight second and lower tier cities in China – Chongqing, Nanning, Nanchang, Changsha, Xian, Wuhan, Shijiazhuang and Guiyang – have rolled out stricter housing policies since Friday, where most require homebuyers to…

Source : South China Morning Post
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