Analysts say property prices on the mainland may face downward pressure as home loans are getting harder to secure. Photo: Reuters
Analysts say property prices on the mainland may face downward pressure as home loans are getting harder to secure. Photo: Reuters

Lenders dim hopes of home ownership in China

Buying a flat remains a distant dream for many mainlanders as banks price mortgage loans higher and take a long time to approve applications

Analysts say property prices on the mainland may face downward pressure as home loans are getting harder to secure. Photo: Reuters
Analysts say property prices on the mainland may face downward pressure as home loans are getting harder to secure. Photo: Reuters
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