Shanghai permanent residency to be compulsory for homebuyers

Real Estate

Friday, September 05, 2008 23:44:07

	Shanghai permanent residency to be compulsory for homebuyers By STAFF EDITOR Published: January 02, 2008 12:00 PM The Shanghai Housing and Land Resources Administration Bureau is considering making "hukou," or local permanent residency, compulsory for those wishing to buy homes in the city, the Oriental Morning Post. No timetable was given for the move, which is designed to crack down on speculative investment in the city’s real ... You are currently reading 55 words of 168 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: investment , real estate , residential	More Articles in Real Estate > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Shanghai Industrial Holdings to spin-off non-core business Morgan Stanley to sink RMB10b in China property market Poly Real Estate revenues up 25% YTD Blackstone, VXL Capital set up mainland property management firm Shanghai residential sales down, prices up Shanghai property investment up 7.6% through July CB Richard Ellis acquires high-end Shanghai complex

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