Central Government to Closely Supervise Buyers of Affordable Public Housing
Published:
2010-04-27
The Ministry of Housing and Urban-Rural Development of the People's Republic of China (MOHURD) announced plans to launch stricter monitoring of those qualified to purchase affordable public housing. Buyers who provide false information or who later go on to purchase a second property will be forced to sell their property. They will also closely supervise the implementation of rules that prevent owners of these affordable houses from selling or leasing the properties.
Source
The Beijing News
Google Translation
Source
The Beijing News
Google Translation
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