Ziyang in eastern Sichuan is offering home buyers 7000 yuan if they buy a house. The scheme helped boost homes sales to more than 1000 over 4 days.
In Jiajiang county, the government is offering non-residents a subsidy of 100 yuan per sqm for new home purchases.
iFeng: 资阳首次买房政府奖励7000元 4天成交1000多套
Personal Spending Jumps More than Income in March
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Disposable (after tax) income rose 0.5 percent in March. Real (inflation
adjusted) income rose 0.2 percent. The rise in spending outpaced the rise
in income.
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