Crackdown shuts door on low-cost apartment cheats

As many as 1,371 families have been caught concealing their savings and properties during the process of applying for low-cost apartments over the past year, according to the Beijing municipal commission of housing and urban-rural development.

Nearly 100 out of those families have already signed contracts with real estate developers. Their purchase contracts have been voided, the commission said in a press release.

Housing authorities have begun the largest-scale qualification examination ever undertaken of all the 179,400 households in low-cost apartments in Beijing, aiming to crack down on fraud.