Hong Kong Budget 2011 - 12

Today we had our budget speech here in Hong Kong for 2011 - 2012. Financial secretary delivered some good & some bad news. One main problem as the property market the government has no ideas - or does not want to have some ideas. No direct measurements to cool down the secondary property market - the supply of more land for tender does not tackle the problem of sky-high property prices for buying & renting in the secondary market. The problem is the in-flow of hot money which is invested in the property market and is driving the prices crazy high as they are now. Anyhow for your pleasure here the link for the complete budget speech dated 23.02.2011:
http://www.budget.gov.hk/2011/eng/speech.html