Rumor of Beijing Hike in Housing Transfer Fee Denied

With scalpers charging four digit sums for reservation numbers, it's a no brainer for the Beijing municipal government to hike fees, which is why the rumor of a fee hike spread like wildfire. The message also said taxes would go up on some homes, along with the fee, on April 1. It urged people to buy now! The Beijing government denied the rumors, pointing out the message was accompanied by a photo of a Shenzhen government office.

These types of rumors were common during previous episodes of speculative fervor.

iFeng: 北京市住建委:下月起上调过户指导价系谣言

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