Finance companies are targeting Hong Kong’s young renters who are not only finding it difficult to step on the property ladder in the world’s most expensive real estate market but also keep up with soaring rents.United Asia Finance (UA), one of the city’s largest money lenders, said on Wednesday that it would offer loans of up to 10 times the monthly rent or a maximum of HK$200,000 to ease renters’ financial burden that can accounts for up to 50 per cent of an individual’s monthly income.UA did…
Source : South China Morning Post
Read more…Hong Kong finance firm comes up with loan scheme targeting Gen Z ease their way into a world of soaring rents















