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Real Estate Offer: Real estate companies have come up with this offer to boost the Chinese property market. Real estate companies in China are facing a long-term economic downturn. Here property developers are willing to accept payment in the form of watermelon, garlic and other agricultural products instead of cash to buy a house to attract buyers.
Buying your own home is everyone’s dream. Everyone is trying to build or take a home to secure their children’s future. Home to real estate companies in one country (Home) Is offering offers to buy that you will be amazed to hear. What would be your first reaction if someone told you that you could buy a house with fruits and vegetables like watermelon or garlic? 20-25 years ago today most people in India were familiar with the exchange. It is still prevalent in many rural areas of India. In simple language, in exchange, something is bought by giving something. It has no currency function. It ended over time. But in the real estate companies of this one country (Real Estate Offer) The practice is back. Whose offer is present Viral Is happening. Let us know why this was necessary.
This offer is running in this country
This is from China. The real estate companies there have come up with the offer to boost China’s property market. Real estate companies in China are facing a long-term economic downturn. Here property developers are willing to accept payment in the form of watermelon, garlic and other agricultural products instead of cash to buy a house to attract buyers. According to the report, most of the real estate companies there are making such offers to the buyers.
Garlic and watermelon approved as home down payment
According to Chinese media reports, a real estate company in the eastern city of Nanjing said it would accept watermelons from local farmers up to 100,000 yuan as a down payment for the house. Home builder Central China management put up an advertisement on social media in late May this year, saying, “On the occasion of the new season of garlic, the company has come up with a big offer to buy a house for farmers.
Potatoes will also be accepted as payment
Another real estate company in Wuxi City is taking potatoes as payment. Home buyers in Qi County, a major garlic-producing region in central China’s Henan Province, can exchange their products at three times the market price to settle part of their down payment.
Why such offers?
According to official data, the graph of home sales in China based on floor area parameters has declined for 11 consecutive months. If we compare the May figures of May this year with the May 2021 figures, it is down 31.5 per cent. The housing market in China has been steadily declining over the past few years. The reason behind this is the slowdown in the economy, economic crisis and decisions like depositing securities before starting construction on the project. Such an offer is being made to get out of this situation.