China's Big Developers Shrug Off Short Term Virus Impact To Splurge On Land

Source: https://www.straitstimes.com/business/property/chinas-big-developers-shrug-off-short-term-virus-impact-to-splurge-on-land

 

Developers are more upbeat in terms of the long term demand for real estate in China.  With ample liquidity, relaxing of government policies such as lowering of tax and interest rates, they are ready to acquire more land for future development.  Loosening of government policies have allowed developer to come up with lesser downpayment and also a longer repayment period.

 

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