A property slump will affect the whole of Hong Kong's economy
Last week Monitor argued that the gradual tapering of quantitative easing and the eventual increase in American interest rates that will follow are likely to trigger a slump in Hong Kong property prices of 30 per cent or more.
via Business feed http://www.scmp.com/comment/insight-opinion/article/1284926/property-slump-will-affect-whole-hong-kongs-economy