Property News · August 8, 2017

With robust demand, Shanghai’s property cooling measures are unlikely to last


In Shanghai, any amount of austerity measures to cool the Shanghai home market will likely be short-lived as there’s one factor they can’t beat — the robust and sustainable housing demand.
Authorities in the mainland’s commercial capital has rolled out a series of stringent measures from home purchase restrictions and heightened mortgage down payments to price interventions since early 2016. But the local real estate market looks set to veer off course owing to soaring…

Source : South China Morning Post
Read more…With robust demand, Shanghai’s property cooling measures are unlikely to last

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