28.07.2009 - Hong Kong residential?Tighter supply Vs rising unemployment
From Stockstar.com/: While the number of newly completed residential units increased 94% YoYfor 1H09, number of unsold units under construction fell 2% YoY, whichimplies a tighter potential supply of new units. This is attributable to limitedland supply under the current application list system. Tight supply shallunderpin property price despite increasing unemployment rate..........Full Article: Source
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