When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Thursday, August 7, 2014

Hong Kong, Singapore, Popping Housing Bubbles (Video)

Hong Kong, Singapore Popping Housing Bubbles: Video - Bloomberg:
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Prompted by concerns over potential property bubbles and affordability for the middle class, the governments of Hong Kong and Singapore have been reining in home prices by imposing measures including mortgage caps, taxes on property flippers and levies on foreign buyers as high as 15 percent. Rosalind Chin reports on "On The Move Asia." (Source: Bloomberg July30)




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