Tag "mortgage"
Asia Pacific
Finance
China’s mortgages pose risk to financial system
Zero-down payment mortgages in China suggest an increasingly risky Chinese financial system, with symptoms similar to those seen leading up to the U.S. credit crisis. Home buyers all over China, from Guangzhou and
Asia Pacific
Economics
Chinese real estate firms turn to overseas investment
While Chinese top-tier real estate companies gain a more solid financial foundation, small developers in lower-tier cities face rising risks. Since 2013, Chinese real estate developers have looked overseas for investment
Economics
Europe
London housing bubble continues to grow
London, generally viewed as an investment haven, has developed a housing bubble fueled by foreign investors and urban migration. The government’s Lend to Buy program has not helped in the way