19/1/2018-8

Talk about relaxing the mortgage into a few: fear of public access fire stick

Hot property market, the public difficult to get on the train. Several citizens asked the Financial Secretary Chen Maobo yesterday about the housing and building prices, including whether the number of mortgage loans will be relaxed or not. That is, the current $ 4 million property can be subject to the 90% mortgage loan limit and be raised to 6 million yuan. Chen Mao-Po responded that property prices are now at “extremely high” level. If the government helps people with a “more” edge to afford the economy, they may cause the public to “take care of themselves.” They need to be cautious. He also stressed on many occasions that under the current high property prices, “we should never imagine that the government will reduce the spiciencies at this stage.”

Chen: Do not fancy this stage to reduce spicy

Chen Mao-wave yesterday when he was attending RTHK’s show was repeatedly asked the property market. He said that at present the property prices are already “extremely high” and the general public is getting stuck in the car. “I feel very uneasy.” He said that apart from increasing the supply of private housing, the government is also going to sell subsidized housing. Since the supply of housing has not been able to meet the demand in the past period, the government was forced to walk on two legs, on the one hand to increase the supply of housing and on the other hand to launch In response to the current trend, he said he is confident that the supply of housing in the future will not only meet the standard, but will also ease the shortage in the market.

Speaking to the media after her talk show, Mr Chan said there had been an increase in stamp duty paid by buyers over the past two months, namely an increase in the number of non-Hong Kong residents or the purchase of local properties through limited companies. He did not comment on whether it would increase the stamp duty on buyers because it could easily be fueled by outside distortions and pushed people into the market.

He stressed that the government has always been very tight on both hot stamps such as buyer’s stamp duty, special stamp duty and double stamp duty, stressing on many occasions that the government has no intention at present to “reduce spicy food” or adjust hot spicy food.

Asked if the restrictions on mortgage rates will be relaxed, Mr Chan said that at present, the property market is at an extremely high level. If at this stage assistance is given to those people who are more economically viable than those on the edge of the property market, they will worry about making the public “catch the fire” equal to “being good intentions and doing bad things” In case of any adjustment in the property market, it will have a great impact on these people. Therefore, the government needs to carefully monitor the situation.

Temporarily no intention to set vacant tax

An on-site citizen asked if the government will implement the vacancy tax. Chen Maobo said that at present, the vacancy rate of residential buildings in Hong Kong is low. Moreover, the implementation of vacant tax has its own administrative complexity. The government has no intention of adding vacant tax for the time being.