{"id":84902,"date":"2018-04-10T13:32:00","date_gmt":"2018-04-10T06:32:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-users-say-new-home-sales-discrimination-is-rife-as-more-developers-demand-upfront-payments\/"},"modified":"2018-04-10T14:03:08","modified_gmt":"2018-04-10T07:03:08","slug":"mortgage-users-say-new-home-sales-discrimination-is-rife-as-more-developers-demand-upfront-payments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-users-say-new-home-sales-discrimination-is-rife-as-more-developers-demand-upfront-payments\/","title":{"rendered":"Mortgage users say new home sales discrimination is rife, as more developers demand upfront payments"},"content":{"rendered":"


\nHomebuyers in some Chinese cities claim they are being barred from purchasing new properties, unless they pay in cash, without the use of a mortgage.
\nA combination of factors have led to the phenomenon, say commentators, including more new home price controls, a shortage of supply, and long waiting periods for mortgages to be approved by lenders.
\nPrice controls in some cities such as Shanghai and Beijing have resulted in new homes being sold at 20-30 per cent discounts, which has had the knock-…
\n
\nSource : South China Morning Post
\nRead more…Mortgage users say new home sales discrimination is rife, as more developers demand upfront payments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Homebuyers in some Chinese cities claim they are being barred from purchasing new properties, unless...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-84902","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-m5o","jetpack-related-posts":[{"id":29797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-to-tighten-fund-flow-into-property\/","url_meta":{"origin":84902,"position":0},"title":"China to tighten fund flow into property","date":"October 13, 2016","format":false,"excerpt":"\r Shares in real estate developers plunged after news Financial regulators are preparing to constrict the flow of funds into the real estate sector, Bloomberg reported this week, citing anonymous sources. 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