30 Jul '14, 4am

Hong Kong, Singapore Popping Housing Bubbles - Bloomberg #hongkong #housing #property

July 30 (Bloomberg) -- Prompted by concerns over potential property bubbles and affordability for the middle class, the governments of Hong Kong and Singapore have been reining in home prices by imposing measures including mortgage caps, taxes on property flippers and levies on foreign buyers as high as 15 percent. Rosalind Chin reports on "On The Move Asia." (Source: Bloomberg)

Full article: http://www.bloomberg.com/video/hong-kong-singapore-poppin...

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