Housing regulator urges crackdown on malpractice

Advanced Search

The story appears on

Page A9

March 30, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Housing regulator urges crackdown on malpractice

Source: Xinhua | 00:01 UTC+8 March 30, 2017 |

Print Edition

CHINA’S housing regulator yesterday urged efforts to crack down on malpractice by real estate agents and developers amid a fresh round of measures to cool the property market.

Local authorities were required to act strongly against monopolistic practices, market manipulation, creating misleading expectations through rumor-mongering and providing false certificates, said a statement from the Ministry of Housing and Urban-Rural Development.

Regulators should also continue to look into down payment loans and other illegal housing financing tools, the statement said.

The ministry criticized 30 real estate agencies and developers for flouting market rules.

Real Estate

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

Housing regulator urges crackdown on malpractice

Email this to your friend