Mon, Dec 09, 2013 - Page 8 News List

EDITORIAL: Confronting the real estate bubble

People do not need to hear more talk of property bubbles from government officials, but they are watching closely to see whether policymakers can work out good strategy and have the guts to tackle the problem. It is true that increasing supply could help bring down prices, but taxation measures such as altering the rate of capital gains tax on the sale of real estate would be more effective, if done correctly.

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