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Wednesday, February 15, 2023

Fundamental: The property market is so bad in China that some banks are letting people be on mortgages till they...

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Alert Alert Feb 15, 2023, 5:32pm
 
Fundamental: The property market is so bad in China that some banks are letting people be on mortgages till they...
China's trying to revive its battered real-estate market — and it's now looking at more "creative" solutions. To attract more mortgage-seekers, some banks are starting to extend the upper age limit for homeowners servicing mortgages to 80 years old, according to various local media outlets. The upper age limit is typically 65 to 70 now, according to news ...
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