Thursday, January 7, 2010

China to limit credit for some home purchases



China to limit credit for some home purchases
It aims to curb speculation and prevent prices from rising rapidly China will limit credit for some home purchases to reduce speculation and rein in surging prices, Housing Minister Jiang Weixin said. The nation will 'further restrict credit for the purchase of second homes and curb speculative housing investments,' Mr Jiang said in a statement on the [...]


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