Property News · May 4, 2017

Opinion: Easy scapegoats beget wrong solutions for our housing woes


As it takes time for new supply to materialise, the government also introduced several rounds of demand-side management measures to address market exuberance. These measures have achieved notable success.
–Joyce Kok, Principal Assistant Secretary for Transport & Housing,
Letters to the editor, May 2
A notable success indeed. The latest figures show residential prices up an average of 18 per cent from a year ago. Was that what you had in mind, madam?
It won’t do to argue that this is…

Source : South China Morning Post
Read more…Opinion: Easy scapegoats beget wrong solutions for our housing woes

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