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No deal yet for Shanghai's costliest flats
By Cao Li and Wang Xu (China Daily)
Updated: 2005-11-08 05:50
Since March, the central government has put in place a series of measures to
curb speculation in the nation's housing market, including higher mortgage
rates, especially for luxury developments.
In June, in a move to drive out speculation on the housing market, Shanghai
started levying heavy taxes on housing transactions.
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