Beijing Scraps Homebuying Curbs on Divorcees in Further Easing Move

What’s new: The Beijing municipal government further eased housing market rules by removing a purchase restriction on divorcees in the latest effort to prop up home sales.

The capital’s housing authority on Wednesday reversed a 2021 policy introduced to curb speculative property investment in an overheating market.

The policy had prohibited residents from buying new property within three years after a divorce if they already owned two properties during the marriage. It was designed to plug a loophole that people used to circumvent the city’s housing rules to buy extra properties through fake divorce.