Shanghai and Suzhou Further Ease Curbs on Residential Property Purchases-钛媒体官方网站

BEIJING, January 31 (TMTPOST) — Shanghai has announced its decision to relax its home purchase restrictions, opening the property market to unmarried individuals without local residency who have been taxpayers in the city for a minimum of five years. (announced to relax 语法错误) The move is intended to address a pertinent issue affecting a significant number of unmarried individuals, as part of the effort to boost demand in the property market. Industry analysts emphasize that this measure, coupled with other supportive policies, will play an essential role in stimulating the local property market. According to a notice issued on Tuesday by housing authorities in Shanghai, non-local residents meeting the criteria of paying income taxes in the city for at least…

Source: tmtpost.com
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