Shanghai, Shenzhen Ease Home Purchase Restrictions
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Chinese citiesReuters
•Exclusive-Shanghai, Shenzhen to lift key home purchase curbs to boost market, sources say
79% Informative
Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential buyers and shore up their flagging real estate markets.
The changes will allow people from other places in China to buy homes in the popular cities.
The move would mark the latest effort by Chinese policymakers to arrest the prolonged downturn in the real estate sector.
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