Property News · June 13, 2020

A US$6 trillion tidal wave of quantitative easing is coming, but it won’t buoy Hong Kong home prices – here’s why


Hong Kong’s homebuyers are unlikely to see a repeat of the 278 per cent surge in property prices seen over the past 12 years, because a contracting economy, rising unemployment and heightened political tensions are expected to dilute a fresh wave of quantitative easing (QE).A record US$6 trillion to be unleashed by global central banks this year will do little to lift the city’s property prices, which have fallen 5.4 per cent since their peak in May last year, analysts said, adding that the US…

Source : South China Morning Post
Read more…A US trillion tidal wave of quantitative easing is coming, but it won’t buoy Hong Kong home prices – here’s why

You may also like...