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HongKong: Housing curbs to stay despite reined-in prices

Posted on 24 October 2011

Beijing will not loosen nationwide curbs on the housing market, despite gains made in containing both home prices and inflation. That was the announcement from Premier Wen Jiabao on Saturday, the last of a two-day trip to Nanning - capital of southern Guangxi Zhuang Autonomous Region.

Stops on the tour included a jobs’ fair, a food market and some residential areas. “The government must take effective measures to consolidate the fruits of housing price controls,” Wen was quoted as saying by the People’s Daily………………………………………Full Article: Source


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