Individuals Prohibited from Buying Multi-sets of Houses in Cities with Skyrocketing Housing Prices
Published:
2010-04-14
Individuals in cities with skyrocketing housing prices and a shortage of housing are prohibited from buying multi-sets of houses in order to curb the unreasonable rising of housing prices, according to an official with the Ministry of Housing and Urban-Rural Development (MHURD). MHURD also plans to expose and punish developers who keep properties off the market and purposely drive up housing prices.
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