Sep 18, 2012 05:38 PM

Capital City Warns Home Buyers against 79 Developments


(Beijing) – The capital's Bureau of Land and Resources has released a list of 79 housing developments built in the city's suburbs since 2008 that home buyers should avoid.

The September 17 announcement is an attempt to address a grey area in Beijing's property market and warn the public that the properties have problematic ownership structures.

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