Garlic, Watermelon or Wheat as Down Payment for House, China Has Enough Vacant Houses for 96M People

Garlic, Watermelon or Wheat as Down Payment for House, China Has Enough Vacant Houses for 96M People

Garlic, Watermelon or Wheat as Down Payment for House, China Has Enough Vacant Houses for 96M People

China's real estate market continues to slump. With sales plummeting and the market sluggish, recently, many cities in China have come up with various promotional policies, and all kinds of strange house-selling tricks have been launched.

In addition to the fancy promotions done by developers, various local governments have also made surprising moves to stimulate the property market. In addition to loosening the property market regulation policy of restricting purchases and sales, they have also introduced policies such as "job gifting" and "house voucher".