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Hong Kong Real Estate Requires 40% Down PDF Print E-mail
Tuesday, 27 October 2009 08:55
Tim Iacono submits:

Admittedly not an expert on Hong Kong real estate and having no idea how other forms of "stimulus" factor into buying property in this part of Asia, the simple disparity between down payment amounts between here and there, as reported in the Wall Street Journal, seems like it's worth pointing out.

Concerns about a growing bubble in Hong Kong's high-end property market pushed central bankers here to increase the required down payment on luxury homes to 40%, from the current 30%.


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