Real Estate

Haunted by Specter of U.S. Financial Crisis, Shanghai Restricts Subprime-Style Loans


Shanghai authorities are getting serious about reining in subprime-style loans in the city’s housing market – and property brokerages are feeling the brunt of the crackdown.

The investor seeking to spend money on Real Estate in China ought to undoubtedly take into account the financial and political background and legal frame provided by numerous articles. Almost the entire giant fund firms have a fund that’s designed for exposure to the expansion of Real Estate in China and other Asian countries.

In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies – including raising the required downpayment for some property purchases, and five 2007 interest rate increases – due to concerns of overheating.

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