Dear Monty: We live in an area where it has become common to hear of bidding wars. We are ready to start looking to buy in the next couple of months. The very idea of paying more than the seller is asking grates my intuition. But we also want to buy. Is it a good…
Chinese Authorities Don’t Care About Real Estate Defaults: Homebuyers
Chinese homebuyers have been badly hit by defaults in residential property developments. Numerous families are suffering with unbearable financial loss due to unfinished housing units they purchased. An array of these half-completed residential villas sits right in front of the local district office of Tianjin, the largest coastal metropolis in northern China. On Sept. 15, homebuyers…
US News
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