3min chapter

The Little Red Podcast cover image

Shakeup or Shakedown?  China's New Red Economy

The Little Red Podcast

CHAPTER

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode