Property News · May 25, 2019

Hong Kong’s housing shortfall: why the worst is yet to come


Hong Kong maintains its position as the world’s most expensive housing market, according to property giant CBRE’s latest global life report. However, this is not the worst yet, as there is a continual depletion of the city’s land bank, meaning both private and public housing supply will plummet in the near future. What Hong Kong needs in order to overcome this challenge is not just large-scale solutions such as the Lantau Tomorrow Vision, but expedient ones that can bring immediate and…

Source : South China Morning Post
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