| 23.10.2008 - China acts to encourage home buyers |
| From WSJ: China's Ministry of Finance will introduce tax breaks for certain housing transactions from Nov. 1 and relax mortgage rates for first-time home buyers, moves that could help stabilize the country's property market. The ministry said Wednesday that the measures, which had been widely anticipated, are intended to help the public, particularly the poor. But their effects could support housing purchases and help.... Full Article: Source |