【明報專訊】A FEW DAYS after former Financial Secretary Antony Leung Kam-chung's warning about the property market, Hong Kong Monetary Authority (HKMA) Chief Executive Norman Chan Tak-lam pointed out yesterday at the Legislative Council Financial Affairs Panel meeting that, in December last year, Hong Kong's total household debt reached 59 percent of the city's gross domestic product, coming very close to the all-time high of 60 percent in 2002. He warned that, if a correction in the property market occurs, people will have greater difficulty in repaying their home mortgage loans, which in December amounted to nearly $900 billion, or 74 percent of household debt.