π Summary
Sri Lankaβs rapidly appreciating property market is emerging as a potential financial stability concern, with the Central Bank warning that continued increases in land, housing and condominium prices, coupled with nearly Rs. 2 trillion in banking exposure, could expose the financial system to serious risks if the market experiences a sharp correction. In its Financial [β¦] The post The economic and financial-stability implications of the property boom. appeared first on Lankanews.lk .