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Loan Modification

: Mortgage Lender Implode-o-Meter

China's Affordable Housing Plan to Face Financing Challenge, Cushman Says

By Implode-Explode Heavy Industries

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"?Money is going to be a challenge,? Andy Zhang, China managing director for the New York-based real estate firm, said in an interview in Beijing yesterday. ?The local governments still rely heavily on land sales for their revenue, while the central government requires them to resolve the financing of those homes.?"

Full post as published by Mortgage Lender Implode-o-Meter on March 24, 2011 (boomark / email).

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