Promotions for home projects in Shanghai keep housing on residents' minds, but it is now to tougher to buy additional homes. Photo: AFP

Shanghai raises bar for second homes

Tightened rules push up requirement to 70pc deposit as the city follows lead of Beijing and Shenzhen in stepping up efforts to rein in prices

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Promotions for home projects in Shanghai keep housing on residents' minds, but it is now to tougher to buy additional homes. Photo: AFP
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