pues eso ....
consecuencias del
debt-fuelled property price rally
“The end result of the removal of this liquidity is likely to be a property price correction, reflecting our belief that property markets top out soon after liquidity has been most abundant.”
mas clarito agua ....
Hong Kong House Prices Likely to Drop 25-30% as Rates Rise, Barclays Says - Bloomberg Hong Kong House Prices Likely to Drop 25-30% as Rates Rise, Barclays Says
By Richard Frost - Apr 1, 2011 10:46 AM GMT+0800
Hong Kong housing prices are likely to drop by 25-30 percent as mortgage rates climb to 4-4.5 percent by the end of next year, Barclays Capital said.
The “debt-fuelled property price rally since mid-2007 is entering its last leg as rising mortgage rates signal a reduction in affordability and purchasing power,” analysts led by Andrew Lawrence wrote in a report dated today. “The end result of the removal of this liquidity is likely to be a property price correction, reflecting our belief that property markets top out soon after liquidity has been most abundant.”
To contact the editor responsible for this story: Richard Frost at
rfrost4@bloomberg.net