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Twenty-one cities rein in property market

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

Xiamen, Fujian province

Date of policy release: Oct 4, 2016

Highlights of the policies:

Local residents are not allowed to purchase a third home and non-locals should not purchase a second home. Non-local residents should provide proof of at least three years' social security insurance payment in the city to purchase their first home.

Twenty-one cities rein in property market

A view of trees and the Shimao MO Sky Mansion, a landmark building in Xiamen, East China's Fujian province, on June 7, 2016. [Photo/VCG]

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