In a notice, the Guangzhou city government eased mortgage curbs, allowing home buyers to enjoy preferential loans for first-home purchases. ( read original story ...)
China’s property crisis: how the commercial sector is bucking the trend
The outlook for China's property sector is undeniably bleak, and the effects are being felt on the broader economy and markets Yet, the strong performance and bright outlook for parts of the ... ( read original story ...)
Economist Andy Xie: China’s Way of Handling Property Bubble Might Not Be What Many People Expect
For years, China’s property market has been a bubble, fueled by growing middle-class wealth, demand for housing in cities, a preference for investing in property rather than stocks, and easy credit ... ( read original story ...)
China local government steps in to help indebted property vehicles
The western Chinese city of Xi'an is to set up a public-private fund worth up to 5 billion yuan ($686 million) aimed at supporting cash-strapped government-backed financing vehicles, in the latest ... ( read original story ...)
Unpaid workers, silent sites: Property woes hit Country Garden
At an unfinished Country Garden residential complex on the outskirts of the northern Chinese metropolis of Tianjin, construction has slowed, and a few idle workers roam a near-empty site. ( read original story ...)
China’s property crisis is a US$261 billion credit pain for lenders, trust firms and insurers, Goldman says
China’s lenders, trust firms, insurers and other investors could face US$261 billion of credit losses as the nation’s property developers fall behind debt repayments, according to analysts at Goldman ... ( read original story ...)
China property-market pessimists missing underlying demand, says veteran economist with track record of correct calls
Strong sales by property developers with state backing and rising rents show ‘continuing housing demand’, says Hong Hao of Grow Investment Group, who has a track record of correct calls. ( read original story ...)