Source: CCTV.com

05-12-2008 13:40

To attract home buyers, some Beijing real estate developers are offering free money to help home buyers tackle their down payment difficulties.

To attract home buyers, some Beijing real estate developers are offering free money to help home buyers tackle their down payment difficulties.

In an effort to help home buyers that don't have enough money for their payments, developers have decided to offer interest-free loans.

Analysts believe developers are starting to feel some financial pressure now, and they want to cash in on their investments as soon as possible. That's why they're helping home buyers with their initial payments. But analysts worry that making home loans to those types of individuals may pose higher credit risks.

Editor:Xiong Qu