ESTATE AGENTS IN CHINA ARE TRYING EVERYTHING TO SELL FLATS

China | Unreal estate

ESTATE AGENTS IN CHINA ARE TRYING EVERYTHING TO SELL FLATS

YOU CAN PLACE YOUR DEPOSIT IN BUSHELS OF WHEAT OR STRINGS OF GARLIC

On the list of professions that are currently flourishing in China,
estate agents do not come high up. Houses were once easy to sell, the
surest investment available. But as a result of a four-year slump in
the market, millions of homes now sit unsold. Some already paid-for
properties are not even getting built. New home starts fell by almost
30% in the first two months of this year, compared with a year
earlier. As of February, average new home prices had fallen for 21
months in a row.