Cooling completed
HOME > PAST ISSUE > PERSPECTIVE [Premium content]June 2006
Property taxes have brought real estate under control, but as usual, Beijing and Shanghai have responded differently
The real estate tax policies introduced last year might have precipitated a mad rush of investors from the market - but in fact the procession towards the exit door has been surprisingly well mannered. The rumor mill continues to grind, however, and further measures cannot be ruled out suggesting further softening in the offing.
The cooling period has offered conditions of relative stability and low prices, allowing owner-occupiers the chance to buy in. Mortgage interest rates are ...
The cooling period has offered conditions of relative stability and low prices, allowing owner-occupiers the chance to buy in. Mortgage interest rates are ...
log in to continue reading...
 |
To receive the best China business news that the market has to offer,
subscribe to the China Economic Review.
subscribe to the China Economic Review.