Quinn Wang cannot sell his 100 square metre flat in Shanghai’s Xuhui district without lowering his asking price, he says. Photo: Baidu
Shanghai homeowners left to rue falling prices, as government stays committed to keeping property sector in check
- The Shanghai property sector will not benefit from monetary easing, since the local government is adamant about curbing price jumps, JLL China says
- Must face reality that the market is stuck in a downward trend, homeowner says
Quinn Wang cannot sell his 100 square metre flat in Shanghai’s Xuhui district without lowering his asking price, he says. Photo: Baidu
