Nearly 800,000 immigrants in Xian, home to the Terracotta Army, will be unable to buy homes after the northwestern Chinese city introduced new property curbs on Thursday, dealing a blow to the red-hot market.The city of 10 million people has banned new immigrants from buying primary or secondary homes within 12 months of acquiring a local hukou. A hukou is a household registration document all Chinese citizens must have that controls access to public services based on the birthplace of the…
Source : South China Morning Post
Read more…Xian, the city with the fastest rising home prices in China, imposes property buying curbs on immigrants















