Migrant buyers blocked by tough new property policy
By Xu Fan | China Daily | Updated: 2011-02-17 08:20
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Homebuyers crowd the windows at Chaoyang district's Housing Registration and Certificate Issuance Center on Feb 15, with residents rushing to finish purchase procedures before Beijing releases its own regulations aimed at curbing housing market. The new regulations came into effect on Feb 17. Sun Yue / For China Daily |
Non-residents must live in city for 5 years to purchase home
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