Beijing To Scrap Homebuying Restriction For Divorcees

Beijing city has lifted the homebuying restriction which previously forbid purchase within three years of divorce, a rule introduced in 2021 to stop couples from faking their divorces to buy more homes, 21st Century Business Herald reported. The move came after the State Council executive meeting last week called for optimal housing policies, opening room for further relaxations on the purchase of large houses and suburb homes in the capital, said Chen Wenjing, market research director at China Index Academy. Beijing could also further ease homebuying restrictions for talents, families with multiple children and elderly, Chen added.