Property News · April 28, 2016

Canary in the Hong Kong housing market? Why one Mid-Levels mortgage default is a case study in financial engineering

An increasing number of jittery homebuyer are walking away from flats they have bought and the loans used to fund those purchases, as Hong Kong’s economic prospects become more uncertain.

Source : South China Morning Post
Read more…Canary in the Hong Kong housing market? Why one Mid-Levels mortgage default is a case study in financial engineering