Property News · March 22, 2017

Hong Kong property will trend higher…until it doesn’t


Property prices are going up.
It struck me the other day how hard it must be to live in a subdivided flat with no windows – illegal, but often not enforced by the Buildings Department. And bad luck if you are a young Hongkonger whose glittering school, university and career is blighted because you can’t get married without your own home.
Hong Kong residential property is the least affordable. In the world. Average flat prices, measured by Demographia, are over 19 times median income…

Source : South China Morning Post
Read more…Hong Kong property will trend higher…until it doesn’t

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