{"id":102768,"date":"2019-01-08T12:11:39","date_gmt":"2019-01-08T05:11:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-is-crazy-increase-in-mortgages-for-first-time-hong-kong-homebuyers-will-boost-debt-limit-cooling-measures\/"},"modified":"2019-01-08T13:11:10","modified_gmt":"2019-01-08T06:11:10","slug":"government-is-crazy-increase-in-mortgages-for-first-time-hong-kong-homebuyers-will-boost-debt-limit-cooling-measures","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-is-crazy-increase-in-mortgages-for-first-time-hong-kong-homebuyers-will-boost-debt-limit-cooling-measures\/","title":{"rendered":"\u2018Government is crazy\u2019: increase in mortgages for first-time Hong Kong homebuyers will boost debt, limit cooling measures"},"content":{"rendered":"<p>&#013;<br \/>\nA possible increase in the amount first-time homebuyers can borrow as mortgage may encourage people in Hong Kong to chase expensive property, further driving up prices in the world\u2019s most expensive property market, analysts have said.<br \/>\nThis comes after Paul Chan Mo-po, the special administrative region\u2019s Financial Secretary, hinted on January 5 that the government was considering relaxing \u201cloan-to-value\u201d ratios for mortgages to help first-time homebuyers. But he did not&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2181140\/government-crazy-increase-mortgages-first-time-hong-kong-homebuyers-will\" target=\"_blank\">\u2018Government is crazy\u2019: increase in mortgages for first-time Hong Kong homebuyers will boost debt, limit cooling measures<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A possible increase in the amount first-time homebuyers can borrow as mortgage may encourage people&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102768","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qJy","jetpack-related-posts":[{"id":114944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-hong-kong-homebuyers-expected-to-switch-to-cheaper-hibor-linked-mortgages-after-banks-refuse-to-cut-prime-lending-rates\/","url_meta":{"origin":102768,"position":0},"title":"More Hong Kong homebuyers expected to switch to cheaper Hibor-linked mortgages after banks refuse to cut prime lending rates","date":"March 17, 2020","format":false,"excerpt":"\r More Hong Kong homebuyers are expected to shift to cheaper mortgages linked with the Hong Kong one-month interbank offered interest rate (Hibor) after all of the city\u2019s major commercial banks said they would not cut their prime lending rates any further, according to analysts.The city has two major types\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139101,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wahs-dongguan-project-is-betting-on-cheaper-mortgages-river-views-luring-hong-kong-homebuyers-to-greater-bay-area-city\/","url_meta":{"origin":102768,"position":1},"title":"K Wah\u2019s Dongguan project is betting on cheaper mortgages, river views luring Hong Kong homebuyers to Greater Bay Area city","date":"September 7, 2023","format":false,"excerpt":"\r Property developer K Wah International Holdings has set aside flats for buyers from Hong Kong at its Bayview project in Dongguan, a city in the Greater Bay Area.\r \r Source : South China Morning Post\r Read more...K Wah\u2019s Dongguan project is betting on cheaper mortgages, river views luring Hong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-relaxes-decade-old-lending-curbs-granting-more-mortgages-to-homebuyers-and-offices-to-bolster-citys-ailing-property-market\/","url_meta":{"origin":102768,"position":2},"title":"Hong Kong relaxes decade-old lending curbs, granting more mortgages to homebuyers and offices to bolster city\u2019s ailing property market","date":"February 28, 2024","format":false,"excerpt":"\r The relaxation by de facto central followed today\u2019s move by Hong Kong\u2019s Financial Secretary Paul Chan Mo-po to abolish a wide swathe of decade-old curbs on the city\u2019s housing sector.\r \r Source : South China Morning Post\r Read more...Hong Kong relaxes decade-old lending curbs, granting more mortgages to homebuyers\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-big-mortgages-offered-by-hong-kong-developers-to-speed-up-sales-raises-default-fears\/","url_meta":{"origin":102768,"position":3},"title":"Rise in big mortgages offered by Hong Kong developers to speed up sales raises default fears","date":"September 6, 2018","format":false,"excerpt":"\r The number of Hong Kong developers providing mortgages for homebuyers hit a record in the second quarter of this year, raising concerns over a possible rise in defaults should an increase in interest rates and falling prices hurt sentiment in the world\u2019s most expensive property market. Builders offering financing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149277,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-december-mortgages-shrink-21-1-as-high-rates-drive-homebuyers-to-sidelines\/","url_meta":{"origin":102768,"position":4},"title":"Hong Kong\u2019s December mortgages shrink 21.1% as high rates drive homebuyers to sidelines","date":"January 28, 2025","format":false,"excerpt":"\r Mortgages shrank by 21.1 per cent last month to 6,306 applications from November, according to a statement by the Hong Kong Monetary Authority (HKMA).\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s December mortgages shrink 21.1% as high rates drive homebuyers to sidelines","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93457,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/upscale-homebuyers-unwavered-by-hong-kong-governments-new-measures-to-cool-property-market\/","url_meta":{"origin":102768,"position":5},"title":"Upscale homebuyers unwavered by Hong Kong government\u2019s new measures to cool property market","date":"July 7, 2018","format":false,"excerpt":"\r Sales of remaining flats from two upscale projects received a warm response from homebuyers as the effect of new cooling measures by the government remains uncertain. As of 6pm on Saturday, 18 out of 45 flats newly-released at New World Development\u2019s Fleur Pavilia development in North Point were sold,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102768"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=102768"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102768\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}