Home purchasing restrictions expected to continue in 2011.

By bne IntelliNews January 5, 2011
Local governments in many Chinese cities are going to continue restricting home purchases in 2011, in response to the central government's efforts to further control property price increases. As reported by Asia Pulse, there are more than ten cities in the country imposing restrictions on home purchasing so far, either by limiting the number of homes a family can purchase or by blocking mortgages for foreigners. Industry experts stated that such measures are likely to continue as useful ways of controlling speculative home purchases.

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