TMTPost--Beijing,theChinesecapital,joinsinalltheotherChina’sfirst-tiercities’removingcubrsonhomebuyers,highlightingChina’sintensifiedeffortstorevivethepropertymarket.Credit:XinhuaNewsAgencyTheBeijingmunicipalgovernmentannouncedeasingrestrictionsonhomebuyingrulestoboostthecity'spropertymarket,includingloweringthethresholdonnon-localstobuyrealestateinthedowntownarea.Non-Beijingresidentswillbeallowedtopurchasehomesinsidethecity'sfifthringroadiftheyhavearecordofpayingsocialinsuranceorindividualincometaxinthecityforatleastthreeyears--downfromfiveyearsaswaspreviouslyrequired,accordingtoacircularjointlyissuedbysixmunicipaldepartmentslateMonday.