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Extra-flats policy won’t cause repeat of 1997 crash, says CY Leung

<!– google_ad_section_start –> Leung Chun-ying has vowed to keep a close watch on global markets to ensure history does not repeat itself in a property crash as his extra-flats policy takes hold. The Chief Executive was responding to a RTHK radio interviewer who asked whether his blueprint for building more homes could cause a crash if the US raises its rock-bottom interest rates in 2015 as some economists are predicting. <!– google_ad_section_end –>

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Extra-flats policy won’t cause repeat of 1997 crash, says CY Leung

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