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China’s capital, Beijing, banned single-person households from buying more than one residence and increased the minimum down-payment for all buyers of second homes as the government seeks to cool the property market.
The new measures take effect today, the official Xinhua News Agency reported yesterday. The city will also enforce a 20 percent tax on capital gains from property, it said. Current rules allow each household with a Beijing residence permit to buy a second home, opening the way for couples to divorce on paper to double their ability to invest.

People are getting a divorce so that they can be allowed to buy another house. Oh yes, they are in a bubble.

Beijing Curbs Second Home Buying as China Cools Property Market