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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: NOW who wrote (54434)8/9/2006 9:08:24 PM
From: RealMuLan  Read Replies (1) of 116555
 
Have you already bought that condo in Beijing? I read that the new rule for foreigners to buy housing in China is that one person can only buy one set for his/her own use. And there is a time limit, only ones who work or study in China for one year or longer can buy. If <1 year, they can only rent, not buy to own. so if neither work nor study in China, cannot buy either.

I am not sure when this new regulation will be effective, perhaps already effective.
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