As promised last week, China has lowered the downpayment ratio for first-time home buyers to 15% while the ratio for second homes has been lowered to 20%.
This isn’t a new announcement, it’s the confirmation of government reports from last week.
This article was written by Adam Button at www.forexlive.com.
Affiliate Disclosure: This site may contain affiliate links to products and services. We may receive a commission for purchases made through these links at no extra cost to you. As an Amazon Associate, we earn from qualifying purchases. Your support helps keep this site running.
For information on how we handle user data and your consumer privacy rights, please refer to our Privacy Policy. This site is operated in compliance with applicable U.S. and California consumer protection laws.
