18.10.2011 - Hong Kong’s property-hoarding problem

As Hong Kong’s chief executive delivered his farewell policy address last week, revelations about the extent of apartments lying empty in the territory grabbed the headlines, rather than a new subsidized-housing initiative. Property stocks rallied on news that Donald Tsang said he would only be tinkering with the red-hot property market by restarting the suspended subsidized-home ownership program..............................................Full Article: Source

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