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2010-01-06 — bloomberg.com
China will limit credit for some home purchases to reduce speculation and rein in surging prices, Housing Minister Jiang Weixin said. The nation will “further restrict credit for the purchase of second homes and curb speculative housing investments,†Jiang said in a statement on the ministry’s Web site today after an annual work meeting. He didn’t elaborate. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |