By Wei Zhou
Readers must have noticed that the recent policy steps regarding the real-estate market have been unprecedented: the down payment for a first home can now be as little as 15%, the lower limit on mortgage-interest rates has been removed, and the personal provident-fund loan-interest rate has been reduced by 0.25 percentage points. But will this have any effect on the long-sluggish property market? [Continue Reading]
Source: https://www.yibao.net/2024/05/30/its-actually-good-that-houses-cant-sell-now/