Property News · March 14, 2019

After rebel Chinese city’s property-easing curbs comes its generous offer of subsidies as Beijing hints at policy change


Heze, the first Chinese city to ease property curbs last December, is at it again. This time it is handing out subsidies to villagers willing to move out of rural areas and buy flats in the city.According to a document released on Wednesday, Chengwu, one of eight counties under Heze’s administration, guaranteed rural residents a subsidy of 300 yuan (US$45) per square metre if they buy flats in urban areas. Villagers will also be able to enrol their children in county schools, and the government…

Source : South China Morning Post
Read more…After rebel Chinese city’s property-easing curbs comes its generous offer of subsidies as Beijing hints at policy change

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