May 18, 2024
Property

China property: Shenzhen, Wuhan are the latest cities to ease housing market restrictions to stir demand

Shenzhen, China’s technology hub, said it has lowered the thresholds for the personal income tax and social insurance payments of non-local individuals and families seeking to buy a property in certain districts, while allowing local families with two or more young children to buy additional homes in those areas. The city lowered its down-payment requirements

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Property

China property: Suzhou, Shanghai and Guangzhou ease home-buying restrictions as policy support gathers pace

China’s measures to boost the nation’s troubled housing market are trickling down to the provincial and city levels, with more cities relaxing curbs to buy property. Suzhou, Shanghai and Guangzhou are the latest cities to ease home-buying restrictions, joining more than 30 municipal governments across China to stimulate demand and prop up the market. Suzhou,

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