Cycle-resistant credit systems: learning from Hong Kong’s experience

Ying Guan, Jeffery W. Gunther and Sophia Tsai

Economic Letter, 2010, issue Jun

Abstract: Hong Kong’s home mortgage market has remained among the world’s most stable. Supervisory authorities point to the 70 percent loan-to-value policy.

Keywords: Mortgage loans; Housing - Prices; Hong Kong (search for similar items in EconPapers)
Date: 2010
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