Property News · April 11, 2017

A HK$3tr wealth transfer would fix our broken housing policy


The most important source of growth in housing demand that has not been foreseen in Hong Kong is the rapidly escalating number of divorces and remarriages. This demand has meant many young adults cannot find affordable homes to set themselves up and start families, with the result they have grown increasingly frustrated.
Hong Kong today has the fifth highest divorce rate in the world. Divorces and remarriages accelerated after China’s opening, which eased social interaction and led to an…

Source : South China Morning Post
Read more…A HKtr wealth transfer would fix our broken housing policy

You may also like...