China’s Real Estate Developers Slashing Prices, Investors Enraged

With a glut of unsold finished and unfinished condominium-type real estate piling up all over China, and a tight lending restriction in place, cash-strapped real estate developers in many cities are slashing prices, even up to 30 percent.
China’s Real Estate Developers Slashing Prices, Investors Enraged
Shanghai homeowners protest at a real estate developer�¢ï¿½ï¿½s sales office and wreck a showroom on Oct. 22. Weibo.com
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/p2108251a712981325.jpg" alt="Shanghai homeowners protest at a real estate developer�¢ï¿½ï¿½s sales office and wreck a showroom on Oct. 22. (Weibo.com)" title="Shanghai homeowners protest at a real estate developer�¢ï¿½ï¿½s sales office and wreck a showroom on Oct. 22. (Weibo.com)" width="320" class="size-medium wp-image-1795749"/></a>
Shanghai homeowners protest at a real estate developer�¢ï¿½ï¿½s sales office and wreck a showroom on Oct. 22. (Weibo.com)
Sophia Fang
Sophia Fang
Author
Sophia Fang is a U.S.-based freelance writer for The Epoch Times.