{"id":78957,"date":"2018-02-05T16:39:03","date_gmt":"2018-02-05T09:39:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-monetary-authority-chief-norman-chan-rejects-calls-to-relax-mortgage-policies\/"},"modified":"2018-02-05T17:03:03","modified_gmt":"2018-02-05T10:03:03","slug":"hong-kong-monetary-authority-chief-norman-chan-rejects-calls-to-relax-mortgage-policies","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-monetary-authority-chief-norman-chan-rejects-calls-to-relax-mortgage-policies\/","title":{"rendered":"Hong Kong Monetary Authority chief Norman Chan rejects calls to relax mortgage policies"},"content":{"rendered":"


\nHong Kong Monetary Authority chief executive Norman Chan Tak-lam on Monday rejected calls by lawmakers to relax mortgage policies, and said the city\u2019s property market was still too overheated for any such relaxation.
\nThe authority, Hong Kong\u2019s de facto central bank, has introduced eight rounds of mortgage tightening policies in the past two years to crackdown on speculative activity. The public refers to these as \u201cspicy policies\u201d.
\nChan was grilled in the monthly…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong Monetary Authority chief Norman Chan rejects calls to relax mortgage policies<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong Monetary Authority chief executive Norman Chan Tak-lam on Monday rejected calls by lawmakers...<\/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-78957","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-kxv","jetpack-related-posts":[{"id":58006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-should-you-care-about-interest-rates\/","url_meta":{"origin":78957,"position":0},"title":"Why should you care about interest rates","date":"June 15, 2017","format":false,"excerpt":"\r The Hong Kong Monetary Authority (HKMA) raised its base rate by 0.25 percentage points on Thursday following the US Federal Reserve\u2019s overnight move. In announcing the decision, HKMA chief executive Norman Chan Tak-lam reiterated his warning to Hong Kong home buyers that mortgage rates will rise in the near\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58274,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-banks-are-in-better-shape-than-1997-to-weather-a-property-crash-regulator-says\/","url_meta":{"origin":78957,"position":1},"title":"Hong Kong\u2019s banks are in better shape than 1997 to weather a property crash, regulator says","date":"June 18, 2017","format":false,"excerpt":"\r Hong Kong\u2019s banks are better prepared than 20 years ago for a property market crash, even amid the world\u2019s highest real estate prices, because the banking regulator had already forced lenders through eight rounds of mortgage tightening measures, said the Hong Kong Monetary Authority\u2019s chief executive Norman Chan Tak-lam.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-lacks-creative-ideas-to-tackle-soaring-home-prices\/","url_meta":{"origin":78957,"position":2},"title":"Hong Kong government lacks creative ideas to tackle soaring home prices","date":"October 4, 2017","format":false,"excerpt":"\r Strong sales at new residential projects over the past holiday weekend have shown that the market wants creative housing plans such as the \u201cstarter home scheme\u201d instead of verbal warnings from top officials when it comes to tackling soaring home prices. A total of 440 new flats were sold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spicy-policies-helped-fortify-hong-kongs-market-save-homeowners-from-negative-equity-trap-defaults-ex-hkma-ceo-chan-says\/","url_meta":{"origin":78957,"position":3},"title":"\u2018Spicy policies\u2019 helped fortify Hong Kong\u2019s market, save homeowners from negative-equity trap, defaults, ex-HKMA CEO Chan says","date":"June 20, 2022","format":false,"excerpt":"\r Hong Kong is better prepared today to withstand future financial crises, such as a property market slump, according to former HKMA CEO Norman Chan Tak-lam.\r \r Source : South China Morning Post\r Read more...\u2018Spicy policies\u2019 helped fortify Hong Kong\u2019s market, save homeowners from negative-equity trap, defaults, ex-HKMA CEO Chan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147418,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-tweak-creates-positive-expectation-in-property-market-paul-chan\/","url_meta":{"origin":78957,"position":4},"title":"Hong Kong mortgage tweak creates \u2018positive expectation\u2019 in property market: Paul Chan","date":"October 17, 2024","format":false,"excerpt":"\r Analysts agree the change will spur buying, but caution a full recovery may take \u2018years\u2019 given a glut of new-home inventory.\r \r Source : South China Morning Post\r Read more...Hong Kong mortgage tweak creates \u2018positive expectation\u2019 in property market: Paul Chan","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-hk-developers-being-too-generous-with-mortgages\/","url_meta":{"origin":78957,"position":5},"title":"Are HK developers being too generous with mortgages?","date":"July 7, 2016","format":false,"excerpt":"\r Buyers are being tempted by 120 percent mortgages Another day, another dollar. Image credit: Krystal T (Flickr) Non-banking lenders are getting a tad too generous. This was the view of the Hong Kong Monetary Authority regarding the phenomenon of high mortgage loan-to-value ratios being bandied by property developers recently\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78957"}],"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=78957"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78957\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=78957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=78957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=78957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}