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Remortgage Loan Houseloanmortgageloans Tag Videos Archives Tag Ubuntu House Loan Mortgage Loans News - Test of 50% house price drop (China)

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demografix - 'mining the minds'
  ＃2  
25-04-2011
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注册日期：2010年3月
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作者： Demografix
Test of 50% house price drop
2011-04-23 09:08
China is proposing a worst-case scenario of a 50 percent drop in house prices in a stress test to assess the impact of property fluctuations on bank assets, sources said yesterday.

China is trying to curb rising home prices by limiting purchases and loans to drive out speculation. In January, the State Council raised the down-payment requirement on second-home mortgages to 60 percent from 50 percent. An extra 10 percent interest rate applies to a second mortgage. The State Council also said banks must stop offering loans to third-home buyers.

Eastday-Test of 50% house price drop
Thanks Paul.

It's nice to see a country limiting runaway house prices and ensuring a robust banking system before a failure occurs.

  ＃3  
25-04-2011
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注册日期：2010年9月
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作者： Peter Fraser
Thanks Paul.

It's nice to see a country limiting runaway house prices and ensuring a robust banking system before a failure occurs.
I suspect Communism would help in this regard?
__________________
demografix - 'mining the minds'


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