John Tsang “still a risk of a property bubble”

 

 

 

Let’s see if they can keep the faith, when all their property developer buddies are crying murder.

 

From RTHK:

The Financial Secretary, John Tsang, says the special stamp duty introduced by the government has effectively curbed speculation and cooled the real estate market. But speaking at a Legco panel meeting, Mr Tsang warned that there’s still a risk of a property bubble, because of the low interest rate environment.