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Twenty-one cities rein in property market

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

Nanjing, Jiangsu province

Date of policy release: Oct 4, 2016

Highlights of the policies:

Non-local residents should provide proof of at least one year's personal social security insurance payment in the city, to purchase their first home. Single adults with a local "hukou" are prohibited from purchasing a second home. It reiterated its policy announced on Sep 25 that local residents are not allowed to purchase a third home and non-locals should not purchase a second home.

Twenty-one cities rein in property market

Tourists take photos on the square in front of the Nanjing Railway Station against the backdrop of skyscrapers and Xuanwu Lake in Nanjing, East China's Jiangsu province, Sep 14, 2016. [Photo/VCG]

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