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Twenty-one cities rein in property market

(chinadaily.com.cn) Updated: 2016-10-12 07:06 Comments

Fuzhou, Fujian province

Date of policy release: Oct 6, 2016

Highlights of the policies:

Local residents are not allowed to purchase a third home and non-locals should not purchase a second home. Non-local residents should provide proof of at least one year's social security insurance payment in the city for the purchase of a first home.

Twenty-one cities rein in property market

Night view of a bridge in Fuzhou, East China's Fujian province, Feb 15, 2016. [Photo/IC]

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