上海加强房地产调控 坚持“房住不炒”原则 - 2021年02月06日

Shanghai’s property market blows hot and cold. When the market cools, the government steps in to facilitate homebuying; when it gets frothy, the brakes are applied.

On January 21, the city government tapped the brakes with a series of new directives.

Florence Gu, a 40-something worker in the finance department of a state-owned conglomerate, spent one afternoon in early December accompanying a friend who was seeking to buy a home. They went from one sales office to another in downtown Xuhui District, looking at prospects. The prices were jaw-dropping,