China’s new anti-flipping strategy: homes ‘designated only for residential needs’

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Nov. 20, 2013

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With speculators pushing up the price of homes in Beijing, the government plans to build 20,000 units of low-cost housing that come with some strings attached — they can’t be resold for five years, and after that the government will ...

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