Reported about 1 year ago
Facing the central bank's upgraded housing market regulations, Chairman Zhang Qingkui of National Housing advises consumers not to purchase 'uninhabitable' houses. The company recently held a shareholders' meeting, where Zhang commented on the measures as relatively gentle, believing the market will continue to moderately rise in the latter half of the year. He emphasized the importance of purchasing suitable homes and avoiding 'uninhabitable' super small units purely for investment purposes, as this poses higher risks if the market reverses. The company has launched successful projects in various regions and anticipates continued strong consumer demand post-pandemic due to factors like low interest rates and excess savings.
Source: YAHOO