Dec 20, 2011 07:32 PM

Bringing Down Beijing's Housing Prices


Homebuyers in Beijing are up in arms over affordable housing regulations they say are designed to keep prices up. Expectations that the policies would be a disruptive dousing on the overheated property market vaporized not long ago.

Through the tweaking of floor price ratios, most homes on the market in Beijing are still categorized as luxury homes under the new regulations, say many residents.

You've accessed an article available only to subscribers
Share this article
Open WeChat and scan the QR code