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China introduced measures to control the Real Estate market again

Posted on Oct-02-2010· by

Recently, China introduced measures to regulate the real estate market again. Loans to buy commodity housing, the first payment ratio adjusted to 30% or more; property tax reform has gradually expanded to the whole country; Buying second Suite, first payment shall not be less than 50% of payment, loan interest rate was not less than 1.1 times of the benchmark rate; for individuals to purchase 90 square meters ordinary housing, and the house belongs to the only house of the family, tax at the reduced rate of 1%. Ordinary individuals to purchase housing, who do not meet the above requirements, it may not enjoy the preferential policies. The rule has obviously more strictly than that in the past, will help to suppress the speculative investment, especially outside investment speculators.

2 Responses to “China introduced measures to control the Real Estate market again”
  1. stephen sarpong Says:

    i need investors to in ghana

  2. Stephen Omondi Says:

    The measures are healthy for grouth of the nation’s economy.Though it will favour those who can accomodate such regulations. The doors are never closed, why not try investing in real estate in Kenya, as their are houses on sale. With Western money transfer, one can run the real estate for you and you get the money. Is this sense? Lets talk. Good day.

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