China's government is considering buying unsold homes to ease oversupply

  • Bloomberg with the info, not a lot of detail at this stage

The plan is still in early stages of development.

China's central government (State Council) is encouraging feedback from regional authorities on what is said to be a large-scale plan:

  • local governments would buy "millions" of unsold homes says the report
china house home property 17 January 2024

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