| Discounts offered to attract new buyers already set off protests at three property companies in Hangzhou last week. Homeowners gathered in the sales offices, holding up signs and funeral wreaths from May 3 to 5 asking for compensation.
There have been nearly 20 similar protests in Hangzhou this year, local media reported on Monday. The Beijing Times said the three developers slashed their prices from 2,000 yuan to 4,000 yuan ($320 to $640) a square meter...............................................Full Article: Source
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