Require 20% Down on a House? Hong Kong Tried That
Jun 14th 2011 4:00PM
As U.S. regulators fool with the idea that homebuyers should put 20 percent down on home purchases, they need only look across the sea to see what happen when a similar plan was put in place in Hong Kong recently: Sales at 10 of the island-nation's largest home developments fell almost 60 percent the week after the... Continue Reading »
