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Loan Modification

: Mortgage Lender Implode-o-Meter

Hong Kong Property Sales Slide 83% as Higher Tax Deters Weekend Homebuyers

By Implode-Explode Heavy Industries

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"Financial Secretary John Tsang on Nov. 19 announced some of the toughest measures yet in a yearlong battle to rein in home values that soared more than 50 percent since the beginning of 2009, sparking outcries that housing was becoming unaffordable and prompting the International Monetary Fund to warn last week that asset inflation may derail the city?s economy."

Full post as published by Mortgage Lender Implode-o-Meter on November 21, 2010 (boomark / email).

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