The minimum deposit ratio for second homes will be lowered to 50% in the six urban districts and 40% for the non-urban districts
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China's capital city of Beijing relaxed home purchase restrictions on Thursday, including by lowering the minimum deposit ratio for first homes to 30% from 35%-40% previously, according to the city's housing department.
The minimum deposit ratio for second homes will be lowered to 50% in the six urban districts and 40% for the non-urban districts, it said. (Reporting by Beijing newsroom; editing by Christina Fincher)
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