China Plans Policies to Curb Home Price Gains - Bloomberg
Such a property tax would target luxury property and buyers of more than one home, according to the report. China may also tighten mortgage requirments for purchases of more than one home, the newspaper reported. That tightening may include increased

Fewer suitors for smaller tract of Naval Station - Corpus Christi Caller
Austin-based Calixas Yachts, a luxury yacht company, took interest in the property in 2008. Officials at the time thought they could reuse the cage by covering it and using it to test their yachts. Calixas lost interest in the site when the recession