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Hong Kong ready to slow mortgage lending in runaway residential price market

Posted on 15 June 2012

Home prices are up 8 percent from December 2011 in Hong Kong. That worries the government as it fears a possible sharp price drop would further weaken a dragging economy.
More curbs on mortgage lending would be one measure the government might take to return the residential market to stability………………………………………..Full Article: Source


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