Force Majeure

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The property market is now a collective default tide buyers a house defaults to compensate 600,000

It is clearly to ensure that the owners do not increase the default clause, but in the end to become their own default "stumbling block."  Since the April 15 series of regulatory policies, because of bearish property and down payment, Beijing second-hand housing market began to appear buyers collective breach of the tide of default. The homeowner asked to pay 600,000 out of a stranger in the early April and Beijing's uncle together, fancy the south three ring side of a second-hand house, and the owner of Mr. Million hammered out 2 million of the total room money. Because the house prices rose too quickly, Mr. Tong was afraid that the owner temporarily broke the price increase, in the contract agreed, if the buyer and seller side ...

It's hard to get a deal out of a house that's booked under new deals.

This reporter Lou Wei our correspondent Jin Jiejie "real estate under the new deal, a bleak property, but today to listen to lectures of the public's enthusiasm is as hot as the weather." "Yesterday, in the Zhejiang Library on" The sale of contracts under the new deal on the issue of breach of contract, "the special Report, Zhejiang University, Guanghua Law School, professor of civil law, Dr. Zhang Gu use this sentence as a prologue. Indeed, the number of people attending lectures is far exceeding expectations, and some members of the public do not care if there is a chair, as long as they can squeeze into the classroom, even standing or sitting, squatting, and almost everyone is seriously remember ...

Market hit by a fall in the price of a bearish buyer's share of defaults

The market has been battered by a succession of policy changes. The proportion of house-buyers defaulting on housing prices has risen from 20% to 70%--buyers are struggling to "check out the Tide" and want to borrow money together down the down payment, and want to check out "-this is the mentality of many people buying houses. From the large first-suite loans down to 30%, two family loans down payment 50%, to the land of the big policy reform, and then to suspend lending to the third suite ...  Since the Thursday, one day a crackdown on the policy of the booming property market quickly cooled. The threshold to improve the purchase of property, the capital of the House of the throat was pinched tight, ...

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