dinsdag 6 oktober 2009

Asian countries hope to prevent property meltdown


Central banks and regulators in several Asian countries are planning to control the rising property prices. the sharp rise of prices on Asian real estate markets and the very low interest rates have made speculation very interesting. This may lead to an asset bubble as seen in the US. Hoping to prevent such bursts, rather than to clean them up when bursted, Asian authorities have severised the rules regulating the loans of the real estate sector.
Stefan Troch

2 opmerkingen:

EcoEnglish zei

The (with a capital)
rise IN prices
CLEANING
severised?

EcoEnglish zei

Central banks and regulators in several Asian countries are planning to control the rising property prices. The sharp rise in prices on Asian real estate markets and the very low interest rates have made speculation very interesting. This may lead to an asset bubble as seen in the US. Hoping to prevent such bursts, rather than to cleaning them up when bursted, Asian authorities have severized the rules regulating the loans of the real estate sector. Stefan Troch Bron: the financial times