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Is It Too Late For China's New Stimulus Measures?
Market Depth
The Property Sector Problem Is a Societal Ticking Time Bomb
The amount of outstanding debt at risk of default is equivalent to 12% of china's gdp. So what's needed is for home buyers Demand to come back to the market right just to buy property and to give developers an income stream again. The government is apparently going to finally take some sort of supportive policy measure um you know like this is so they're saying okay lower mortgage rates for first-time home buyers if newly constructed price house prices drop for three consecutive months nationwide cap on real estate commissions.
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