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Nanjing City Unveils Policy Package to Boost Housing Market, Lifts All Home Purchase Restrictions - YT FINANCE

Summary by YUAN TALKS

Nanjing, capital of east China's Jiangsu province, on Monday released seven measures to support the housing market, including fully lifting housing purchase restrictions, providing 100 million yuan to support home trade-in, city-wide housing voucher and increased support for housing provident fund.

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大纪元 Epoch Times

Nanjing cancels restrictions on commercial housing sales and launches housing provident fund "family package" that sparks heated discussion

As China's economy slows down and the real estate market remains sluggish, the core second-tier city of Nanjing has completely abolished the "sales restriction order" that had been in place for eight years, and launched the so-called "family package" of provident funds, which allows parents and children to withdraw their provident funds for a down payment, sparking heated discussions online.

2 days ago

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