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China's once-hot housing market has taken an unusual turn this summer, as evidenced by the changes in the land market. "Land sale" is a common expression in China. In reality, Chinese property owners only have the right to use the land for 70 years. Upon the expiration of the 70-year period, the buildings on the land belong to the owner, and the land is taken back by the government. Have questions? Do you have something to share with us about China? We want to hear from you! Email: [email protected] Facebook www.facebook.com/EyesOnChina. Copyright @ China Insights 2021. Any illegal reproduction of this content in any form will result in immediate action against the person(s) concerned. Your support allows us to produce more high-quality videos. Consider donating at https://www.paypal.com/paypalme/China...