Saturday, November 20, 2010

Some new measurements to cool the property market




Please read the 2 articles from SCMP of today. I am not sure if this will significantly help - but lets see. There must be more restrictions for mainland buyers in my opinion for example set up a quota for how many properties a private person / or company is allowed to buy. Check of the origin of the money which is used to buy the property. Also in general more transparency is needed like a buyers register (which will not collide w any "privacy laws".) Please read the 2 articles - just click on them for big size reading.

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