Taxing foreign buyers failed in Singapore. It will fail here too

Yesterday, this column argued that the Hong Kong government's punitive tax on non-residents who buy apartments in the city will do nothing to make the property market more affordable for locals.

Judging from the messages that cascaded into my e-mail inbox, the majority of readers disagree - vehemently.

via Business feed http://www.scmp.com/business/article/1072684/taxing-foreign-buyers-failed-singapore-it-will-fail-here-too