Changsha, the capital of China’s Hunan province, is offering educated professionals generous subsidies to buy a home in the city. Photo: AFP
Changsha, the capital of China’s Hunan province, is offering educated professionals generous subsidies to buy a home in the city. Photo: AFP

China’s Changsha, Nanjing relax homebuying restrictions, offer generous subsidies as they compete for talent to boost growth

  • Many mainland cities including Changsha and Nanjing have come up with generous policies to help skilled immigrants buy new homes and spur economic growth
  • The moves to help skilled immigrants buy property came as China’s new home prices fell for the 16th consecutive month in December

Changsha, the capital of China’s Hunan province, is offering educated professionals generous subsidies to buy a home in the city. Photo: AFP
Changsha, the capital of China’s Hunan province, is offering educated professionals generous subsidies to buy a home in the city. Photo: AFP
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