The dream of owing a home in Hong Kong will become even less attainable for those seeking to get on the housing ladder next year, as prices in the city are forecast to rise 10 to 20 per cent, according to predictions by the city’s two major property consultants.
The property market, already ranking as the world’s least affordable urban centre, will be propelled higher by the wealth effect from the booming stock market, record-low unemployment and high economic growth, the…
Source : South China Morning Post
Read more…Hong Kong homes to become even more expensive in 2018, deepening the affordability crisis, analysts say
