
“Construction stops, mortgage stops. Deliver homes and get repaid!”
That was one of the chants disgruntled apartment buyers in China used at a protest in June. But their ire over unfinished homes didn’t stop at signs and chants.
Hundreds of them stopped paying their mortgages – a radical step for China, where dissent is not tolerated.
A young couple who moved to Zhengzhou in central China told the BBC that after receiving the down payment last year, the developer withdrew from the project and construction stalled.
