Property News · December 19, 2018

A rebel holdout of Chinese lore fires the first salvo against the state’s year-long crackdown on real estate speculation


A small city in eastern China has begun to relax curbs on residential property, becoming the first local authority out of 50 Chinese cities to reverse the central government’s year-long campaign to cap soaring prices and crack down on speculation.
The government of Heze – a fourth-tier city with a population of 8.3 million residents – in Shandong province has cancelled the three-year reselling ban imposed in 2017, and allowed developers to use more capital from their pre-…

Source : South China Morning Post
Read more…A rebel holdout of Chinese lore fires the first salvo against the state’s year-long crackdown on real estate speculation

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