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The New Reality of Realty

The New Reality of Realty
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摘要 According to media reports, during the first half month since the new policy on home loans was released, market sentiment in the property sector has undergone a sea change with more prospective buyers displaying renewed interest in residential property proj- ects. [Note: To lift a sagging property market, the People's Bank of China and the China Banking Regulatory Commission relaxed lending rules for home buyers on September 30, allowing banks to offer a maximum 30-percent discount to first-time home buyers, a group that has been expanded to include those who already own one property but have paid off their mortgage.] According to media reports,during the first half month since the new policy on home loans was released,market sentiment in the property sector has undergone a sea change with more prospective buyers displaying renewed interest in residential property projects.[Note:To lift a sagging property market,the People’s Bank of China and the China Banking Regulatory Commission relaxed lending rules for home buyers on
作者 Xiang Zheng
出处 《Beijing Review》 2014年第44期38-38,共1页 北京周报(英文版)
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