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Hong Kong property market tipped to fall in 2012

Posted on 06 January 2012

Hong Kong’s real estate market is tipped to extend recent falls this year, analysts said Thursday, as property transactions dived to a five-year low in 2011 after a slew of measures to curb prices.
Leaders in the southern Chinese city have been trying to control prices, which have become a major headache for the government amid growing disquiet among its seven million population over the rocketing cost of owning a home………………………………………..Full Article: Source

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