Second-Tier Four Dragons Curb Real Estate

Hefei, Suzhou, Nanjing and Xiamen are rolling out real estate restrictions one after the other. Xiamen rolled out curbs on July 15, including raising the down payment ratio and restrictions on use of the public housing fund. Suzhou is on the verge of announcing policies created over the past month, which will curb buying and lending. Hefei rolled out restrictions at the start of July and tightened up those restrictions on August 9. Nanjing has yet to announce its policies, but they are being formulated.

iFeng: 二线“四小龙”楼市调控政策陆续出台

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