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

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml · 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.

rainpizza@lemmygrad.ml · 6 months ago

If only my mexican gov't were as based as China's, we will have done something similar. However, thanks to this news, I can now dream of an alternative.

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

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

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