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Hangzhou Lifts All Home Purchase Restrictions

CHINA PRESS
MNI (Singapore)

Upper tier-two city Hangzhou in Eastern China said it will lift all home purchase restrictions, according to a statement by the local housing bureau. Homebuyers who have no property within the district where they plan to buy a house, or the property is on the market for sale, can be considered as first-time buyers to enjoy preferential mortgage rates. Migrant workers who have obtained housing in the city can apply for local household registration, the statement said.

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