The risk of property bubbles in Hong Kong and Singapore : another aftershock crisis of the global financial Tsunami?

• Main Author: Yip, Paul Sau Leung
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2021
• Subjects: Social sciences::Economic development; Asset Bubble; Crisis
• Online Access: https://hdl.handle.net/10356/146513
• Institution: Nanyang Technological University

This paper first provides a brief review of the global financial tsunami. It then explains why the quantitative easing in the US and the unique characteristics of the Asian property markets have contributed to the formation of property bubbles in some Asian economies. Thereafter, it discusses the po...