Unmarried home buyers in Chinese city must show proof they're single: Xinhua

Unmarried home buyers in Chinese city must show proof they're single: Xinhua
 

Unmarried investors in the eastern Chinese city of Jinan must show proof that they're single if they want to buy a home, the official Xinhua news agency said on Monday, pointing to the lengths some cities are going to cool real estate markets.
Housing authorities in Jinan, the capital of Shandong province, announced earlier this month multiple measures aimed at curbing fast-rising home prices. Among the measures was a rule that home buyers would need to get a marital status certificate among other documents to qualify as a buyer.
But the Jinan government canceled the single status... read more

 
11 October 2016 in Business, Views: 37
Source: Reuters
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