Source: China – South China Morning PostBeijing’s surprise move to lift home-purchase restrictions in outlying areas will help stabilise housing prices in the capital by next year, according to analysts, who added that other major cities like Shanghai and Shenzhen could follow suit.
The municipal government said on Friday that families with Beijing residency, as well as those who paid social insurance and individual income tax in the city for a set period, would be allowed to buy new and second-hand homes outside the Fifth Ring Road,…Read More