New Restrictions for Property Buyers in Beijing

By Shanghai Securities Journal
Published: 2011-02-17

Families without a Beijing Hukou will be required to provide five years of personal income tax and insurance receipts in order to buy a house in Beijing. The city government says the new regulations are aimed at curbing speculation. Beijing is now the fifth city, following Shanghai, Qingdao, Jinan and Chengdu, to issue municipal policies aimed at controlling property prices.


Source
Shanghai Securities Journal


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