http://www.youtube.com/watch?v=kPUN31EcNpU
财经郎眼 20141020 房地产政策变局
China property Selling Volume is -8.3%
China property over supply by 40M units (20M completed)
China property vacancy rate is now 23 (the world average is 13% )
42 of 47 cities in China is now allowed to buy 2nd property. (Beijing, Shanghai, GuanZhou, ShenZhen and Shanyan still NOT allowed to buy 2nd property).
Down payment decreased from 50% to 30%.