Wed 09/14/2022 23:37 PM
Chinese regulators have approved loosening certain housing purchase restrictions applicable to tier two cities with three cities including Ningbo, Suzhou and Nanjing having already begun implementing the relevant relaxation measures, according to three sources familiar with the matter.
The relaxation will include removing certain house purchase restrictions and reducing second house purchase upfront payment amounts, among other things, the sources said.
Tier two cities will implement...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2023 Reorg Research, Inc. All rights reserved.