PolyU Library
Journal Call no.HD38.2.E93
AuthorPerkin, Ian K.
Article TitleCan land revenues keep the budget in surplus? / Ian K. Perkin.
Is Part OfThe executive ; v.16, no.11, Nov 1995, p.64, +1p., illus.
AbstractMr Donald Tsang, said recently he believed the local property market was c̀€lose to hitting bottom'. Coming in the midst of a subsidence in consumer confidence -- recent surveys showing 56 per cent respondents expecting economic prospects to worsen -- Mr Tsang's remark was aimed at changing sentiment. His interest extends further than that, however, with the government reliant on a buoyant property market for a growing share of its revenue -- all the more so with big land sales coming up in the near future.