Suzhou Tightens Buying Restrictions Again, 80pc Downpayments

Suzhou is the latest city to quickly follow up buying restrictions with even tighter restrictions.

Among the tighter restrictions, residents who have not paid off the mortgage on their first home will have to make a down-payment of 80 percent on second home, up from 50 percent. If the mortgage is repaid, the down payment on a second home rises from 30 percent to 50 percent.

iFeng: 苏州出台限购政策:二套房最低首付比例不低于40%

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