New housing rules in China may lead to more divorces or the postponement of marriages. Now the new housing regulations require second and third houses to require a 50% down payment and 1.1 times the benchmark interest rate. The Economic Times has more:

BEIJING: Buyers of new house in China
may resort to divorce or postponing marriage in order to save money as
per the
new housing rules, a report in the Economic Information Daily
found.

The central government has announced a new housing
regulations
April 15, under which the down requirement for a family purchasing
a
second house has been raised from 40 percent to 50 percent with the
mortgage
rate 1.1 times the benchmark interest continue reading

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