Hong Kong is unlikely to see a significant impact on housing demand from the growing emigration wave, according to the president of the Real Estate Developers Association of Hong Kong (Reda), joining a chorus of market observers who expect prices to continue rising this year.“I know some people are leaving, but some people are moving here to Hong Kong,” said Keith Kerr, president of Reda and a former chairman and chief executive at Swire Properties. “For every person moving out, there’s…
Source : South China Morning Post
Read more…Hong Kong property market to remain resilient even in the midst of exodus, Reda chief Keith Kerr says
