Excluding mainlanders won't allay main property grievance

On Friday evening Financial Secretary John Tsang Chun-wah announced two new punitive property tax measures aimed at "maintaining a healthy, stable property market".

Firstly, the government jacked up its two-year-old special stamp duties by 5 percentage points. From now on, anyone selling a flat within six months to a year of purchase will have to pay an extra 15 per cent stamp duty on top of the standard rate; 20 per cent if he or she sells within six months.

via Business feed http://www.scmp.com/business/article/1072030/excluding-mainlanders-wont-allay-main-property-grievance