Salient to Investors: The IMF said: the sharp run-up in house prices raises the risk of an abrupt decline. the property sector is the main domestic economic risk, though the odds of a slump that has major economic and financial consequences is fairly low near term. economic growth may rebound to 3 percent in
READ MORE... →Salient to Investors: Investors reacting to government curbs on home buying are shifting money into parking spaces. The average price of a previously owned parking spot in residential complexes rose in Q3 to the second highest on record. Hong Kong has one of the lowest car ownership rates among developed countries,
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