Property News · May 4, 2017

Beijing home buyers protest over rule that cuts value of new apartments by half


Scores of Beijing homebuyers staged a protest outside the Beijing housing authority on Wednesday, highlighting rising social tensions sparked by the local government’s unprecedented home purchase tightening policies that protesters say trample on their property rights.
On Wednesday morning about 40 buyers of apartments gathered outside the Beijing Municipal Commission of Housing and Urban-rural Development to demand the government ease a restriction that crippled the value of their assets…

Source : South China Morning Post
Read more…Beijing home buyers protest over rule that cuts value of new apartments by half

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