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The Fed’s announcement of a third round of quantitative easing has led the HKMA to introduce a new set of measures to prevent the occurrence of asset bubbles in the HK property market.

New measures introduced last Friday include a cap on mortgages for second homes/investment properties of 40% of the individual’s monthly income.

Mortgages will also be limited to a maximum term of 30 years.

For more details, click here.

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