BEIJING : Chinese housing regulators are telling home buyers to exercise caution when making payments on purchases, amid concerns that funds are illegally siphoned away by developers in a sector that is facing a severe liquidity crunch.
Concerned that funds might be illegally diverted, a housing regulator in the eastern city of Hangzhou recently launched an online system that allows home buyers to confirm if their deposits have really been placed in government escrow accounts. Authorities are taking a more active role in safeguarding interests and rights of home buyers as developers face debt payment deadlines amid fears of a wider crisis.
是呀！給了首期錢，房產公司突然間倒閉了，房子都沒有了！
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