Chung Siu-sha

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Last quote by Chung Siu-sha

Government policies are useless and I don't expect the government to do anything to help us. Their policies will only induce counter effects - the price rises, even uphill, as seen in the last few years. If the government has wisdom, they should completely bar non-local buyers from buying local flats. Because non-local buyers are pushing up the property prices. They are the culprits.feedback
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May 28 2017
Chung Siu-sha has most recently been quoted in an article called Hong Kong property cooling moves set to fail as shadow lenders fill the gap. Chung Siu-sha said, “Government policies are useless and I don't expect the government to do anything to help us. Their policies will only induce counter effects - the price rises, even uphill, as seen in the last few years. If the government has wisdom, they should completely bar non-local buyers from buying local flats. Because non-local buyers are pushing up the property prices. They are the culprits.”.
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