The property market is so bad in China that some banks are letting people be on mortgages till they are 80

• China's trying to revive its battered real-estate market, which has been in a slump amid strict COVID restrictions.
• Some banks in China are now extending the upper age limit for mortgage borrowers to 80.
• Banks in cities like Beijing, Nanning, and Ningbo have raised the upper age cap. 

China's trying to revive its battered real-estate market — and it's now looking at more "creative" solutions.