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Strategies & Market Trends : Waiting for the big Kahuna

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To: Cynic 2005 who wrote (9013)11/3/1997 12:11:00 PM
From: Mark Nelson   of 94695
 
Hong Kong real estate martket in trouble. (Another straw on the back of lenders.)

"...If the Government
increases supply, prices will crash, the
secondary market will collapse and the
livelihood of realty agents will be
threatened."

scmp.com

"Residential property prices will fall by 20
per cent in the next eight weeks having
already declined by between 10 and 15
per cent in the past seven days, senior
property agency executives say."

scmp.com

Mark
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