The new round of accountability for the property market continues unabated: Experts predict that third- and fourth-tier cities with excessively rapid housing prices may be included in the regulatory system
On August 9, the Central Bank issued the “China Monetary Policy Implementation Report for the Second Quarter of 2021” and stated that it firmly adheres to the positioning of houses for living, not for speculation, and insists on not using real estate as a short-term economic stimulus. Stabilize land prices, house prices, and expectations, maintain the continuity, consistency, and stability of real estate financial policies, implement a prudential management system for real estate finance, and increase financial support for housing leasing.
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