real estate market in china-

location: 4th maybe18th tier city.

Q: what if I pay in full cash?

Agent: doesn't help with getting a good bargain.

Q: why?

A: sellers will get their money as quick as 3 days after buyer's mortgage applied, don't matter whichever way you pay with.

Q: I see, banks are having trouble selling loans.

A: and banks will let you wait for months to get a grant to pay off early.

Q: wtf?