Purchase policies: Chinese Housing and Urban Rural Development Minister Ni Hong leaves a press conference on the property sector in Beijing. The Political Bureau’s directive on the easing of housing purchase restrictions is to assuage public concerns. — Reuters
BEIJING: Although speculation is rife that China’s largest cities may further lift restrictions on home purchases, industry experts say certain existing requirements for buying houses in top-tier cities may, in fact, be necessary.
A meeting of the Political Bureau of the Communist Party of China Central Committee, held on Sept 26, noted that housing purchase restrictions should be adjusted to assuage public concerns.
