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Twenty-one cities rein in property market

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

Dongguan, Guangdong province

Date of policy release: Oct 6, 2016

Highlights of the policies:

New houses will not be sold to local and non-local residents who have owned two or more than two houses. Non-locals who have owned one house should provide proof of at least one year's social security insurance payment in the city for the purchase of a second house.

Twenty-one cities rein in property market

Balconies of a residential building with a house sale advertisement in Tangxia township, Dongguan city, South China's Guangzhou province, Oct 8, 2016. [Photo/IC]

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