Fewer home restrictions to ease access
China will revoke obsolete, restrictive home-buying measures as part of efforts to reduce real estate inventory and stabilize the ailing market. The country earlier rolled out a slew of measures to ease curbs in first-tier cities, lower the minimum down payment, and increase housing provident fund loans.
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A house model shows in an expo in Hefei, the capital city of Anhui province in East China, May 12, 2015. [Photo/IC] |
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