Norobiik @#Investors hoped the measures marked the beginning of more decisive #GovernmentIntervention to compensate for waning demand for new and old apartments.
But longer-term questions about #HousingDemand persist in a country facing a severe #DemographicDownturn and where 96% of households already own at least one home. #PropertyMarketCrisis
#China unveils 'historic' steps to stabilise crisis-hit property sector
https://www.msn.com/en-us/money/realestate/china-unveils-historic-steps-to-stabilise-crisis-hit-property-sector/ar-BB1myJXD?ocid=emmx-mmx-feeds&PC=EMMX01
