☆ Yσɠƚԋσʂ ☆@lemmy.ml to news • 1 month agoThe Central Bank of China will use $42 billion to buy back unsold new buildings, which will then be converted into affordable housing.external-linkmessage-square45 fedilinkarrow-up1166cross-posted to: brainworms@lemm.eechina@lemmygrad.mlworldnews@lemmy.ml
arrow-up1166external-linkThe Central Bank of China will use $42 billion to buy back unsold new buildings, which will then be converted into affordable housing.☆ Yσɠƚԋσʂ ☆@lemmy.ml to news • 1 month agomessage-square45 Commentsfedilinkcross-posted to: brainworms@lemm.eechina@lemmygrad.mlworldnews@lemmy.ml
minus-squareidkmybffjoeysteel [he/him]hexbear27·1 month agoHope they paid "market value" and not inflated prices link
minus-squareDetectorist@lemmygrad.mlhexbear8·edit-21 month agoThat's where my mind went too. Otherwise it's just a bailout for the "investors", albeit with a better outcome possibly since they're converting them. linkfedilink
Hope they paid "market value" and not inflated prices
That's where my mind went too. Otherwise it's just a bailout for the "investors", albeit with a better outcome possibly since they're converting them.