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Foshan city relaxes home purchase restrictions amid cooling sliding property sales


The city of Foshan in southern China's Guangdong province has relaxed home purchase restrictions after home sales in the city slid due to property curbs introduced more than two years ago.

After the policy change, non-locals with a bachelor degree or above will be required to provide proof of local employment to be buy their first houses in the city, according to a statement released by Foshan's real estate regulator on Friday.

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