17.07.2012 - Asia: Better safe than sorry
Asian property markets and policymakers content to settle for slower growth rather than watch a bubble form and then burst. Residential property market activity in Asia is likely to be subdued this year given the impact from Europe’s debt crisis, while concerns still linger about bubbles forming and bursting in this region as happened 15 years ago. Warnings have already been sounded in Hong Kong of a possible bubble if proper policies are not put in place, while in China the government has taken several steps to curtail real estate speculation..............................................Full Article: Source
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