Beijing and Shanghai Reduce Home Purchase Down Payments and Interest Rates, What Signals Are Released and What Changes Will it Bring to the Market?
On the 14th, Beijing and Shanghai respectively reduced the down payment ratio for home purchases, lowered housing loan interest rates, and adjusted ordinary housing standards. So far, the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen have adjusted and optimized their property market control policies. What signals will be released by policy adjustments such … Read more