Real Estate Finance Tightens, Peak Debt Repayment in 2018
Selling pressure from developers will soon hit the market as “cash flow is more important than profit” ahead of a wave of debt repayments in 2017 and 2018.
Caijing: 房价博弈深化：房企资金链承压 一二线新房价格渐松动
Beijing, a listed housing prices to the 21st century economic reports that enterprises will be in 2017 and 2018 ushered in the peak period of debt service. As the current level of capital control more stringent, more difficult financing, rising costs, housing prices may soon face a stage of tightening funds. “At this stage, cash flow is more important than profit.”