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More Chinese Cities May Tighten Housing Rules: Journal

CHINA PRESS
MNI (Sydney)

Chinese cities with hot real estate markets may follow Shanghai and Shenzhen in moderating house prices through higher transaction costs and boosting the supply of homes, the Chinese Securities Journal reported. Many existing policies on property purchases had been devised five years ago, and they should be reinforced and updated to address new forces driving the markets such as talent-attracting programs, the Journal said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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