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A model of the city of Shanghai is displayed at the Shanghai Urban Planning Exhibition Center. The government’s more than two-year effort to curb property prices has included raising down-payment and mortgage requirements, increasing construction of low-cost social housing and restricting home purchases in about 40 cities.

Photographer: Tomohiro Ohsumi/Bloomberg

A model of the city of Shanghai is displayed at the Shanghai Urban Planning Exhibition Center. The government’s more than two-year effort to curb property prices has included raising down-payment and mortgage requirements, increasing construction of low-cost social housing and restricting home purchases in about 40 cities.
February 21, 2013
Article
China Orders More Cities to Restrict Housing Purchases
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