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Real Estate Briefing - Categorized | Market Moves, Regulatory more

Hong Kong struggles to cool market

Posted on 22 November 2010

From Themovechannel.com: Whilst some countries are witnessing falling property prices and an ever-increasing gap between asking and selling prices, Hong Kong is at the other end of the spectrum and introducing desperate measures in a bid to cool its red hot housing market, amid fears of a real estate bubble.
The International Monetary Fund has turned up the heat on Hong Kong’s property market, urging the government to take control of the spiralling prices as they spread from high-end pads to the general market………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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