Beware of the bust in Hong Kong property prices

Michael Chugani in an article on the South China Morning Post website today is warning of an impending bust in Hong Kong property prices, akin to the Asian financial crisis of the late 90's.

He appeals to Chief Executive Leung Chun-ying to try to cool the market in his final month in office with new measures, but ultimately it is very unlikely any major announcements will be made in this time.

Read more Hong Kong property prices about to go pop again?