| 30.12.2008 - Shanghai issues new measures to boost property mkt |
| From Reuters: Shanghai, China's financial hub, has issued new measures to make it easier for people to buy their second homes in a bid to help its ailing property market. Shanghai citizens will now be allowed to buy second homes on the same preferential mortgage terms enjoyed by those buying their first homes, the city government said in an announcement posted on its official website (www.shanghai.gov.cn)..... Full Article: Source |