Tuesday, March 21, 2017

Unfortunately Not The Only Thing In China Worrying Me

China Worried About a Housing Bubble as Prices Soar

China is worried about soaring home prices in its massive capital city. Beijing announced Friday it would takes steps to keep home prices from spiking further by raising the down payment required for second homes and suspending some housing loans. The new policy announced by the Beijing Municipal Commission of Housing and Urban-Rural Development will see…