Shakeup or Shakedown? China's New Red Economy
The Little Red Podcast
00:00
The Property Market in China Is Really Healthy
In china, by regulation, the minimum cash down payment if you're buying a home to live in is 20%. But banks that we talk to are requiring a minimum of 25 % cash down if you're gong to live itit. If you're an investor, which is a really small part of the market, you have to put 50 or 60 % cash down on top of that. So i actually think that the property market is one of the more systemically sound parts of the chines con but lookin, i say, from a household perspective, this is beyond speculation.
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