17.01.2012 - Beijing strives to bring home prices down
Beijing will continue controls over the property market in 2012 in order to consolidate the achievements already made and to bring housing prices down to a reasonable level, Beijing Mayor Guo Jinlong said at the Fifth Session of the 13th Beijing Municipal People's Congress on Jan. 12. Beijing will continue to strictly curb speculative investment in the real estate sector this year to bring housing prices to a reasonable level..............................................Full Article: Source
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