• Sodium_nitride@lemmygrad.ml
    ·
    edit-2
    4 months ago

    It will also make it easier for some cities to remove or ease restrictions on the number of properties an individual or household may own.

    Not a big fan of this move. This will make speculating on houses easier and more attractive. Which goes against the stated shift in housing policy.

    I know home equity makes a big part of Chinese households' wealth, and thus confidence to purchase and drive the economy, but that shows a structural weakness that had embedded itself into the Chinese economy due to market reforms.

    Hopefully, the other measures will counteract any negative influence from this crisis.