The authorities in Beijing have come up with yet another move to cool down the real estate ardor of their 1.4 million constituents, as the housing said it will limit loans for resettlement payments. Also in the news, China’s CIC… Read More>>
China’s Housing Ministry Inspects 30 Cities in Two Weeks to Exterminate Housing Speculators
Since the end of June China has moved to clamp down further on housing speculation as the government shows its determination to enforce President Xi Jinping’s vow at last year’s party congress that, “homes are for living, not for flipping.”
Shanghai Retreats From Commercial-Titled Apartment Ban After Protests
The Shanghai government today announced modifications to its rules punishing owners and developers of commercial-titled apartments after hundreds of homebuyers protested the policy measures over the weekend.
In a statement posted on the city’s Housing and Urban-Rural Development office website… Read More>>
China’s Central Govt Takes Control of Land Supply to Smooth Out Housing Market
As China’s real estate market spiked in 2016, dozens of Chinese cities followed central government directives and announced local measures to tackle rapidly rising home prices.
These local tightening moves primarily came in the form of controls designed to reduce… Read More>>
China Hits Developers With Sales Rules as Govt Takes Direct Control of Home Prices
Frustrated in its attempts to dampen demand for new housing among Chinese homebuyers, China’s chief housing regulator is aiming its regulatory might at real estate developers, as the government shows its determination to cool down an ever-rising property market.
On… Read More>>