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On Gatsby's north shore, Chinese luxury home buyers pause as curbs bite
Over the past eight months, Beijing has introduced a series of measures to make it more difficult to move capital out of the country
Add BT as a preferred sourcePublished Wed, May 10, 2017 · 09:50 PM
Jericho, NY
AMONG the sprawling colonial homes and well-tended lawns on the north shore of New York's Long Island, there are signs that Chinese policies crafted 11,000 kilometres away are taking a toll.
In the past year, there has been a slowdown in the stream of affluent Chinese looking for luxury homes in the area - widely thought to have been the setting for F Scott Fitzgerald's 1925 novel The Great Gatsby - property brokers said.
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