▲ 188 ▼ To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers. (lemmy.nz) submitted 3 years ago by throws_lemy@lemmy.nz to c/damnthatsinteresting@lemmy.ml 27 comments fedilink hide all child comments Context : https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdown
[+] CommieCretzl@hexbear.net 12 points 3 years ago* (last edited 2 years ago) (2 children) [deleted] permalink fedilink source hideshow 4 child comments replies: [–] KevonLooney@lemm.ee 19 points 3 years ago Read past the first paragraph: Part of the reason that property developers are struggling to shift stock is that several cities, in an effort to stabilise the market, have banned developers from cutting prices. permalink fedilink source parent [–] PolandIsAStateOfMind@lemmy.ml 3 points 3 years ago It's usual for the western social media to point out anecdotal occurings and then project it on entire country as normality. permalink fedilink source parent
[–] KevonLooney@lemm.ee 19 points 3 years ago Read past the first paragraph: Part of the reason that property developers are struggling to shift stock is that several cities, in an effort to stabilise the market, have banned developers from cutting prices. permalink fedilink source parent
[–] PolandIsAStateOfMind@lemmy.ml 3 points 3 years ago It's usual for the western social media to point out anecdotal occurings and then project it on entire country as normality. permalink fedilink source parent
