China's plan to tax home sales alarms market

Property

Thousands of people in China are rushing to either buy or sell their properties. They are trying to avoid a new capital gains tax, which is expected to go into effect next month

(Source: AlJazeeraEnglish YouTube channel)

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A changing landscape
After a decade as director-general of the Dubai Land Department, Sultan Butti Bin Mejren says he is acting fast to improve regulation of the real estate industry and ensure it remains a thriving part of the emirate’s economy. He explains why he is adamant investors will keep coming.

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