November 9, 2009
Following on from the Hong Kong government’s decision to cap mortgages on luxury real estate in Hong Kong at 60% LTV, Singapore’s central bank warned that more measures may be introduced to slow down the level of speculation in the property market. One side effect of the massive amount of capital injected by the Chinese government into the markets is that both the stock market and the property market are dangerously outpacing the fundamentals – especially in the financial centers.
Filed under For Enthusiasts by 
