Property market to stall as new regulations bite
By Hu Yuanyuan | China Daily | Updated: 2011-02-09 08:15
Twenty percent of Beijingers will be unable to buy a new apartment
BEIJING - Around 20 percent of registered residents in Beijing will not be able to buy a new apartment this year after the new round of policy tightening kicks in.
That could lead to a 20 to 30 percent fall in property sales and stall price growth, according to industry experts.
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