China Unveils A Housing Market Bailout: Here's What's In It, And Why It Is Still Not Enough
Zero Hedge - 2024-05-18T00:40:00.000Z

China Unveils A Housing Market Bailout: Here's What's In It, And Why It Is Still Not Enough More than four years ago, when China first launched its latest "deleveraging" campaign targeted at bursting the country's housing bubble in a controlled fashion, which coincidentally was the single largest asset for China's massive middle class, we - and many others - said that this experiment was doomed and that all China is doing is delaying the inevitable bailout of the property sector...

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China Offers To Buy Up Commercial Housing To Boost Property Market
China cut the minimum down payment rate for first-time homebuyers on Friday and suggested the government could buy up commercial real estate, in some of Beijing's most ambitious moves yet to lift the ailing housing market out of an unprecedented debt crisis.Property and construction accounts for more than a quarter of gross domestic product, but the sector has been under unprecedented strain since 2020, when authorities tightened developers' access to credit in a bid to reduce mounting...
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China Offers To Buy Up Commercial Housing To Boost Property Market