Ministry: Realty Policies Here To Stay
THE State Council's policies to rein in rapidly soaring housing prices in cities will continue and local governments should implement them "unswervingly," says the Ministry of Housing and Urban-Rural Development.
"We will urge local governments to make sure that they strictly implement the differentiated housing loans policy to crack down on housing speculations," the ministry said in a brief statement posted on its website.
The ministry added it will adopt "positive" measures to increase the supply of commercial homes in the market, speed up construction of housing for low-income residents, and boost real-estate market supervision.
"We will urge local governments to make sure that they strictly implement the differentiated housing loans policy to crack down on housing speculations," the ministry said in a brief statement posted on its website.
The ministry added it will adopt "positive" measures to increase the supply of commercial homes in the market, speed up construction of housing for low-income residents, and boost real-estate market supervision.
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