China Mulls New Property Support Package

The video discusses potential policy changes by Chinese authorities to boost the property market, including loosening down payment requirements and removing purchase restrictions. The property sector's significant contribution to China's GDP is highlighted, along with the market's reaction to these changes. Despite optimism, concerns remain about the effectiveness of these measures, given past experiences and current market conditions.

What concerns do people have regarding the effectiveness of the government's measures on the property market?

What has been the trend in property prices over the last year or two, and how has it affected buyer interest?