28.07.2011 - Shanghai to step up probes of home prices
Shanghai’s government will step up inspections on the pricing of new homes to ensure that they aren’t set at “unreasonably” high prices, as part of a nationwide effort to curb excessive gains. The city will seek out developers which violate the rules and withhold the approvals for them to sell homes, the Shanghai Municipal Housing Support and Building Administration Bureau said.............................................Full Article: Source
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