Editorial : Loopholes of the government's market-cooling measures
一客多買一約多伙 政府急需堵塞漏洞
文章日期:2017年4月5日

【明報專訊】OVER the past four months, Hong Kong's property prices have reached one high after another, with loopholes manifesting themselves in the package of government measures aimed to rein in speculation in the property market and help Hong Kong people buy their own homes. In One Kai Tak, there are dozens of cases in which buyers have been able to buy more than one flat each, while in other first-hand property markets, cases of "one contract for multiple flats" have increased sharply. Investors have left no stones unturned to circumvent the government's stamp duty policies aimed to cool the property market, showing that there is always a countermeasure against every measure issued from above. The government should close such loopholes as soon as possible to prevent speculators from gaming the system.

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