Monday, November 12, 2012

The Week Explained: Unintended Consequences





At best the new government plan to cool housing prices has only a small chance of success. But for those of us at the battered end of the small and medium enterprise spectrum, it is not only a failure but one that is producing damaging effects.


This is because the iron rule of unintended consequences has already kicked in.


While the government focused on residential property, it missed the fact that, if it tampered with this sector, speculators would likely shift their interest to commercial properties where there is no penalty for making a quick buck.









via Business feed http://www.scmp.com/business/money/money-news/article/1078718/week-explained-unintended-consequences

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