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Firms use loopholeto evade home ban

By Todd Balazovic and Li Jiabao | China Daily | Updated: 2011-03-09 08:04

Firms use loopholeto evade home ban

Real estate agents offer to provide false records to aid migrant buyers

Real estate agents are exploiting a loophole to dodge tough new measures that ban non-Beijing residents from buying homes in the capital.

A METRO investigation found that a number of businesses now offer to provide clients with false records to escape new rules aimed at cooling the overheated property market.

Firms use loopholeto evade home ban

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