A man carrying a watermelon walks along a path in Beijing on June 21, 2022. Photo: AFP
A man carrying a watermelon walks along a path in Beijing on June 21, 2022. Photo: AFP

Tasty discounts: China property firms accept watermelon, garlic, peaches as partial payment for new homes amid housing slump

  • Restricted from cutting prices in a slumping market, creative developers have started accepting bulk produce to offset part of the price of a new home
  • In one case a developer offered US$14,921 off a home price in exchange for 5,000kg of watermelons – at least five times the market rate

A man carrying a watermelon walks along a path in Beijing on June 21, 2022. Photo: AFP
A man carrying a watermelon walks along a path in Beijing on June 21, 2022. Photo: AFP
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