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New policies in metropolis seen spurring property
Shanghai's latest policy measures on homebuying, including a subsidy of 200 million yuan ($29.75 million) for new purchases, will work together with existing measures to better tap into diversified residential needs and further consolidate the local housing market, industry experts said while studying the policy on Thursday.
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scmp.com
Shanghai is lowering second-home down payments. Will it aid the property market?
The megacity joins Beijing in further easing financial barriers for homebuyers, as authorities push to spark a durable recovery.
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global.chinadaily.com.cn
New policies in metropolis seen spurring property
Shanghai's latest policy measures on homebuying, including a subsidy of 200 million yuan ($29.75 million) for new purchases, will work together with existing measures to better…