Twenty-one cities rein in property market
(chinadaily.com.cn) Updated: 2016-10-12 07:06
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Wuhan, Hubei province
Dates of policy release: Oct 2, 2016 and Oct 5, 2016
Highlights of the policies:
In certain districts of Wuhan, housing loans will not be issued for the purchase of a third house by local residents and the purchase of a second house by non-local residents.
The down payment for first home buyers should be no less than 30 percent, according to a new circular issued on Oct 5.
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A realty agent stands beside the sand table of a property project in Wuhan, Central 皇冠体育app's Hubei province, Sep 10, 2016. [Photo/IC] |
