Chinese city ends lucky draw for home buyers as market stabilises
02 Jan Chinese city ends lucky draw for home buyers as market stabilises
Posted at 10:24h
in
News
by KMFSLLP
Chinese wanting to own a home in
a Qingdao city district will no longer have to enter a lucky
draw in order to buy as authorities have suspended the lottery
system introduced in June to curb speculation since the market
has stabilised.
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