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View Full Version : Hong Kong Tightens Mortgages Amid QE3 Concerns of Asset Bubble - Bloomberg



NewsWhore
09-14-2012, 05:00 AM
Hong Kong Tightens Mortgages Amid QE3 Concerns of Asset Bubble (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEMPTshglTFTpo9T4n-F2DZprLlrA&url=http://www.bloomberg.com/news/2012-09-14/hong-kong-tightens-mortgages-amid-qe3-concerns-of-asset-bubble.html)
Bloomberg
The city's government has had to tweak demand and supply through additional property transaction taxes, higher mortgage down payments and by releasing more land to developers as Hong Kong's currency peg to the U.S. dollar pushed borrowing costs to a ...

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