A construction site in Beijing. The municipal government there is planning a new “joint-property ownership” scheme to help more buyers get onto the property ladder. Photo: EPA
Beijing proposes ‘joint property ownership’ scheme to help cool prices and allow more onto the property ladder
Capital city’s government scheme inspired by others including the UK’s ‘shared-ownership’ or ‘help-to-buy’ schemes, with 50,000 units planned to be offered yearly
A construction site in Beijing. The municipal government there is planning a new “joint-property ownership” scheme to help more buyers get onto the property ladder. Photo: EPA