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news • 1 month ago

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

166

The 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 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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LesbianLiberty [she/her]
·
edit-2
1 month ago
Wait, I don't get this, can you explain the joke?

Edit: damn I was just gonna yeet em

link

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