Hoarding of land tackled in new rules on property
By Hu Yuanyuan | China Daily | Updated: 2010-09-28 08:02
Measures aim to increase housing supply and counter rising prices
BEIJING - Regulations to combat land hoarding by developers and boost the construction of government-subsidized housing were unveiled on Monday in the latest government efforts to curb property prices.
The regulations were announced amid climbing real estate transactions and public concern over high prices.
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