Entries from 2019-11-26 to 1 day
What prompted the government's concern for the property market in the first place was the unique combination of low interest rates and record home prices, which anticipated a housing bubble. The subsequent cooling measures taken included r…
However, beginning with the second quarter of 2014 the threat of the possibility of an oversupply is a cause for concern, as 17,459 units left vacant in the 3rd Quarter of 2013 and another 26,000 units expected to be completed in 2014 will…