Most people read the newspaper and those report everyday and believe that all ture, It is too simple of their mind. Of course UBS forecast the property market adjustment is reasonable. Of course, I believe that all people do not want to see the finance storm happen in HK again.
But you see again It was irresponsible of the reporter to speak 1-2% fall everyweek, if the report is ture, oh... finance storm will happen again this year.
Not really the storm happened in HK and Asia. The fundamental of HK finance & housing is stable. The case is totally different between 97. But Signal NO.8 is happening in HK is ture.
yes you right, therefore the market adjustment is reasonable. I do not agree someone said 97 in HK again or 20% fall this year without statistics , because no reason & support factors I can see. they read the newspaper only and talk someone talk what they said.
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