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news@hexbear.netEnglish · 6 months ago

The Central Bank of China will use $42 billion to buy back unsold new buildings, which will then be converted into affordable housing.

www.caixinglobal.com

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The Central Bank of China will use $42 billion to buy back unsold new buildings, which will then be converted into affordable housing.

www.caixinglobal.com

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news@hexbear.netEnglish · 6 months ago

PBOC to Provide $42 Billion Cheap Loans for Program to Buy up Unsold Homes - Caixin Global

www.caixinglobal.com

PBOC to Provide $42 Billion Cheap Loans for Program to Buy up Unsold Homes - Banks to pass on lending to local state-owned enterprises to buy unsold properties and resell or lease them as affordable housing

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Shows what I know about economics!

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