High punitive stamp duties introduced in late 2012 and 2013 killed the incentive for speculators to trade pre-sale units in the forward market. Photo: Edward Wong
Richard Wong
Opinion

Opinion

The View by Richard Wong

How stamp duty on pre-sold units is inflating Hong Kong house prices

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High punitive stamp duties introduced in late 2012 and 2013 killed the incentive for speculators to trade pre-sale units in the forward market. Photo: Edward Wong
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