Property News · July 4, 2018

Will China’s developers sell fewer homes as Beijing pays less for resettlement?


China’s property developers which benefitted from selling homes to buyers resettled from shanty towns after Beijing capped mortgage lending and price increases may have hit the wall as authorities cut relocation compensation in the ongoing drive to stem overheating.
The alternative source of property sales income since 2016 when the government began reining in the buying spree across major Chinese cities, analysts said, could be crimped following the recent cut, which could slash home…

Source : South China Morning Post
Read more…Will China’s developers sell fewer homes as Beijing pays less for resettlement?

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