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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (25944)3/18/2005 4:05:28 PM
From: RealMuLan  Read Replies (1) of 116555
 
The housing loan in China now temporarily set at 6.12%, officially started from March 17th. This raise will force those who buy housing as an investment to think twice, since the return and the risk is not that cost effective.

And down payment is at 30% now, and some banks are thinking to raise to 40%
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