China’s New Home-Presale Rules Could Cut Land Sales by 30%: Goldman
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5 Articles
China’s recent reforms to home sales are expected to exacerbate existing pressures on local government finances, potentially causing land sales revenue to plummet by 30%, according to economists at Goldman Sachs. This estimate exceeds the bank’s previous forecast of a 20% decline, according to a note released Monday by economist Lisheng Wang. He pointed to China’s move […] The article “Goldman: China’s Real Estate Measures Threaten to Cut Land S…
[Cable News] The mainland plans to cancel pre-sale apartments, and Goldman Sachs predicts this could cause local government land sales revenue to drop by 30%, higher than originally expected. In the first seven months of this year, the national...
Goldman Sachs warns China’s housing overhaul will slash land sale revenues by 30%
China's housing policy shift may deepen the property crisis, strain local government finances, and drive market consolidation favoring state-backed firms. The post Goldman Sachs warns China’s housing overhaul will slash land sale revenues by 30% appeared first on Crypto Briefing .
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