http://wiki.china.org.cn/index.php?action=history&feed=atom&title=Adjustment_and_Control_of_Real_EstateAdjustment and Control of Real Estate - Revision history2026-06-27T12:25:55ZRevision history for this page on the wikiMediaWiki 1.34.2http://wiki.china.org.cn/index.php?title=Adjustment_and_Control_of_Real_Estate&diff=29839&oldid=previmported>Ciic at 05:10, 19 July 20132013-07-19T05:10:28Z<p></p>
<p><b>New page</b></p><div>[[file: housing Price.JPEG|thumb|220px|Skyrockeing housing prices in China.]]<br />
'''The Adjustment and Control of Real Estate''' ('''房地产调控''') is a popular phrase when referring to the Chinese central government’s efforts to curb skyrocketing housing prices. <br />
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The government initiated a series of policies throughout 2010 designed to cool the market. It regulated down-payment amounts three times in 2010 in an effort to rein in speculation. <br />
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According to the latest policy that was issued January 2011, the down payment for the initial purchase of a house should be more than 30 percent of the total price, while down payments for second-house purchases must be at least 60 percent. <br />
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In addition, the [[People's Bank of China]] raised the basic interest rates for deposits and loans for the first time in three years in an attempt to squash a potential market bubble.<br />
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[[Category:real estate]]<br />
[[Category:housing]]<br />
[[Category:buzzwords]]</div>imported>Ciic