Big data of property registration will help in fight against corruption
A NATIONAL UNIFIED real estate registration system has been eagerly awaited by people throughout the country, because the networking of real estate ownership will help to root out more corrupt officials. Legal Daily comments:
China's real estate registration system is now fully operational. However, it will not bring down housing prices, as some hope, as it only pools local housing registration data together into one system.
Although the purpose of establishing the national realty registration system was not to fight against corruption, the system will make it easier for judicial, disciplinary and supervisory organs to find out how many houses their investigative targets own under their names.
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