07.12.2010 - Malaysia moves to avert housing bubble
From Realestatechannel.com: Like countries around the globe concerned with rising home prices, tiny Malaysia is taking steps to avoid a real estate bubble crash. The Southeast Asia nation, with a land mass of 127,350 square miles and a population of 28 million, is writing new rules to curb property speculation. The country's central bank announced third-home buyers are now restricted to a maximum loan of 70% of the property's value..............................................Full Article: Source
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