Hong Kong financial secretary's property moves seen as a bad idea

I can understand the difficulty from Financial Secretary John Tsang Chun-wah's perspective. He is a holdover, on approval, from the previous administration and his new boss has adopted a pro-active approach: government will not be passive. Government will do things.

So what is Mr Tsang to do when the crowds are screaming that property prices have gone far too high and it is all the fault of outsiders and speculators? Can he really just twirl his fingers and say, "Sorry, folks, not my fault. Can't do anything about it. You'll just have to grin and bear it"?

via Business feed http://www.scmp.com/business/article/1072695/hong-kong-financial-secretarys-property-moves-seen-bad-idea