25.02.2010 - Has Hong Kong's real estate market reached bubble proportions?
From Seekingalpha.com: There has been much speculation recently about an ongoing price bubble occurring in the Hong Kong residential property market. In fact, the concern has been so great that Hong Kong Financial Secretary John Tsang recently announced significant measures that will be taken in order to mute the real estate trading activity including a higher levy on luxury properties, adjustments to the rate of land auctions and tighter scrutiny on bank lending.........................................Full Article: Source
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