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City of Suzhou ramps up property curbs for fourth time in three months


The city of Suzhou in eastern China's Jiangsu province rolls out new property curbs, another signal pointing to tightening real estate policies after regulators introduced a slews of measures to restrict homebuilders' financing in recent months.

The city restricts buyers of new houses in all six districts - Gusu, Wuzhong, Xiangcheng, Wujiang, New High-Tech district and the Industrial Park, selling their property within three years of the purchase date and second-hand home buyers, five years, according to a . . .

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