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China considers measures to boost housing market

China is looking at measures to counter a slump in the housing market, according to people with knowledge of the matter.

Among the measures being considered, the government could reduce the down-payments required for second homes, and could also cut the length of time a house must be held before the sales tax is removed to two years from five.

Whether the measures are implemented will depend on how the economy progresses.

Click here for the full Bloomberg article

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