1. LINE

      Text:AAAPrint
      Economy

      Beijing punishes developers, agents violating property sale ban

      1
      2017-03-28 08:54Xinhua Editor: Gu Liping ECNS App Download

      Six business apartment projects and 15 real estate agent offices in Beijing were punished Monday for violating a government ban aimed at cooling the red-hot housing market.

      The six projects, including some belonging to China's top developers Vanke and Evergrande, were banned from sale, while the 15 real estate agent offices were ordered to close shop for overhauls, according to the Beijing Municipal Commission of Housing and Urban-Rural Development.

      Authorities in Beijing stepped up restrictions on house purchases on Sunday, banning the sale of business apartments to individuals for residence.

      The rule says developers shall only sell business apartments to qualified enterprises, public institutions and social organizations. For new business apartment projects yet to be built, the smallest unit for sale should not be less than 500 square meters.

      Inspection teams were promptly dispatched on Monday to enforce the ban.

      Officials with the city commission warned that real estate agents that mislead individual home buyers by falsely advertising business apartments for residence will be severely punished and can lose their licenses due to the violation.

      The punishment addressed a long-held criticism that the housing commission's warnings generally have no teeth.

      China has witnessed a property boom for more than a decade, with home prices in many big cities soaring sky high, triggering a fear of an enormous asset bubble that could eventually destabilize the economy.

      The country's policymakers announced in December that "houses are for living in, not for speculating with," following a string of cooling measures from buying restrictions to increased down payments.

      Beijing scaled up curbing measures in March after second-home prices continued their growth rally in the first few months of this year.

       

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 久久青青草原亚洲AV无码麻豆| 国产精品无码一二区免费 | 亚洲国产成人乱码精品女人久久久不卡| 亚洲中文无码av永久| 在线免费观看你懂的| 亚洲国产精品综合久久久| 国产亚洲欧洲Aⅴ综合一区| 亚洲国产一区二区a毛片| 国产一级黄片儿免费看| 亚洲国产精品乱码一区二区| a国产成人免费视频| 亚洲欧洲一区二区| 免费观看美女用震蛋喷水的视频 | 成人五级毛片免费播放| 亚洲国产欧洲综合997久久| 国产一级特黄高清免费大片| 日韩毛片免费一二三| 国产大片免费网站不卡美女| 亚洲小视频在线播放| 啦啦啦在线免费视频| 一本久久免费视频| 成人av免费电影| 无码天堂va亚洲va在线va| 一个人看的www在线观看免费| 亚洲国产美女精品久久久久∴| 久久久久久AV无码免费网站下载| 久久精品国产亚洲AV电影| 亚洲人成网站免费播放| 老司机精品视频免费| 成人男女网18免费视频| 美女黄色毛片免费看| 亚洲国产一区二区三区青草影视| 91高清免费国产自产| 国产亚洲精品免费| 亚洲国产精彩中文乱码AV| 91在线视频免费播放| 一道本不卡免费视频| 亚洲精品国产成人| 成人亚洲综合天堂| 国产成人精品久久亚洲高清不卡| 久久精品国产精品亚洲艾草网美妙|