Chinese Cities Introduce ‘Relaxed’ Policies to Stabilize Stagnating Real Estate Market As the COVID-19 outbreak left many Chinese families struggling to pay their rents and mortgages, several cities introduced “relaxed” home purchase policies to alleviate people’s burden and reanimate the stagnating real estate market.
China’s Diverging Housing Market— Massive Price Gap Between Cities Up To A Thousand Times For average working professionals in Beijing, Shanghai, or Hong Kong, buying a place for themselves would be a mission impossible.
