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China's Tianjin eases residential permit rules as property market slows

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BEIJING : China's northern city of Tianjin has sharply cut the time needed for non-local elderly people to become registered residents, in a move that will boost the number of people qualified to buy homes and could shore up a slowing local property market. Elderly people whose children have properties in

BEIJING : China's northern city of Tianjin has sharply cut the time needed for non-local elderly people to become registered residents, in a move that will boost the number of people qualified to buy homes and could shore up a slowing local property market.

Dwellers with household registration permits in the city currently are allowed to buy up to two homes, while those without permits can buy only one.

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