Caixin

Frayed String for China's Property Balloon

By Andy Xie
 

(Caixin Online) Beijing has unleashed another round of property market tightening measures, and this time it's tightening mortgage loan terms considerably: The mortgage interest discount has been reduced for first-time homebuyers; the discount has been abolished and down payment requirement raised to 40 percent for second-time homebuyers; and rates are at banker discretion while the required down payment has been raised to 60 percent for third-time buyers.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
404 Page - Caixin Global
Caixin
404 Page

Page Not Found

We're sorry,we seem to have lost this page.

GO

Back to Caixinglobal.com