| Journal Call no. | HF5001.H64 |
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| Author | Fotouhi, Sanaz. |
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| Article Title | Falling prices cause serious damage to economy / Sanaz Fotouhi. |
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| Is Part Of | Hong Kong business ; v.17, no.194, Aug 1998, p.39-40, illus. |
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| Abstract | The sharp decline in property prices has exacerbated the economic downturn, underscoring the primary role the property sector plays in the economy. A 35 percent drop in prices would knock off at least two percentage points from 1998's Gross Domestic Product (GDP) growth, according to economists at Hang Seng Bank. |
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