Monday, May 19, 2008

Chinese Lesson - Nanjing citizens buy houses at night

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Nanjing citizens buy houses at night

www.chinanews.cn 2006-06-01 16:22:18

Numerous house buyers of Nanjing City transferred the name of the owner
in the property registration transaction center on Huaqiao Road in
Nanjing on the evening of May 31, 2006. It was seen at 8pm that evening
that both property buyers and sellers thronged to the center, which
should have closed at 5pm as usual, because they had to complete the
property ownership transfer before 12pm that day to reasonably avoid the
new regulation, which extended the time limit of business tax collection
from two years to five years.

Zhengzhou Real Estate Trading Center was crowded with citizens that were
engaged in secondary property deals on May 31, 2006.

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