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China wants migrant workers to buy vacant homes
Published Mon, Jan 4, 2016 · 09:50 PM
Beijing
RATTLED by the potential economic fallout from millions of unsold homes, China wants migrant workers to buy properties in smaller cities and ease the burden on a real estate sector that makes up about 15 per cent of the country's economic growth.
The move underscores Beijing's concerns over a stock of some one billion sq m of vacant housing …
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