| From Propertywire.com: The Chinese government is expected to relax its policies on real estate before the end of the year amid concerns over falling prices and slowing economic growth. Analysts are predicting that restrictions for private investors on owning second properties, a reduction of property taxes and an extension on mortgages for individuals are likely.
'Policy changes will probably stem from initiatives to spur consumer demands, rather than ease credit policies to real estate developers,' said Qin Xiaomei, head of research of property consultant CB Richard Ellis' Beijing branch..... Full Article: Source
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