The bubble is not "light", Wang said at a conference in Shanghai yesterday. "If the bubble lasts, it will be dangerous." Home prices have been increasing even as the government in March stepped up...
- Fri
- Oct 4, 2013
- Updated: 1:05am
8 May 2013
Risks to Switzerland's housing market increased further in the first three months of the year, raising the question as to whether authorities have taken sufficient steps to prevent the bursting of...
2:33AM
8 May 2013
The Philippines has cut borrowing costs, banned foreign funds from special deposit accounts and eased rules for outflows, striving to manage an investment influx lured by economic growth exceeding...
2:33AM
17 Apr 2013
With the Hong Kong economy heavily skewed towards property investment, the suggestion to increase rates would provide a substantial source of recurrent revenue for the government, unlike stamp...
5:31AM
27 Mar 2013
Eviction procedures in Spanish courts for unpaid mortgages and rent hit a fresh high last year, an oversight body said, as a sharp economic downturn and record unemployment continued to take a...
6:06AM
25 Mar 2013
Speculation and corruption have come to dominate China's economy since 2007. The two form a temporary equilibrium to sustain growth, though at increasingly low efficiency, as reflected in the...
2:37AM
2 comments
When Financial Secretary John Tsang Chun-wah intervenes in the property market he leaves a calling card threatening to return. Once again an increasing flood of hot money has forced him to make...
1:50AM
Singapore home prices reached a record high in the fourth quarter amid low interest rates, raising concerns of a housing bubble and prompting the government to introduce its seventh round of...
4:40AM
Switzerland's government, at the urging of the Swiss National Bank, last week ordered banks to hold additional capital as a buffer against risks posed by the country's biggest property boom in two...
4:40AM
A naked woman's body was found yesterday beneath a Cotai Water Jet ferry just off West Kowloon. A staff member on the catamaran called police at about 8am telling them a human leg was being sucked...
5:23AM
While the government has warned of a property bubble, a professor of real estate says a tipping point for it to burst has yet to be reached.
4:59AM
More mainland cities saw home prices rise last month, leading to concerns there could be further government measures to cool the housing market.
5:12AM
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23 Sep 2013
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