We like discrimination in principle. But will it work?

Clearly I'm way out of step.

I've just been looking through what has to be a record mailbag in response to Monitor's two columns last week about the new tax on non-resident buyers of Hong Kong homes.

In a nutshell, Monitor argued that the new stamp duty is a lousy idea on two counts: firstly because it is discriminatory, which is generally a bad thing, and secondly, because it won't do anything to make homes more affordable for local buyers.

Thank you to all the readers who wrote in.

via Business feed http://www.scmp.com/business/article/1075127/we-discrimination-principle-will-it-work