Property News · October 27, 2018

Landlords brace for Hong Kong’s rent to decline as history shows leases tracking home sales


Memo to Hong Kong renters: You might want to wait a bit before signing that new lease.
Rents, while at an all-time high right now, may be getting ready to fall.
In the past three housing downturns, rents and home prices fell – substantially – in tandem.
And data show that home prices have already started to slip, prompting some property watchers to think that a dramatic shift may be getting underway in the world’s least affordable housing market.
“Whenever home prices…

Source : South China Morning Post
Read more…Landlords brace for Hong Kong’s rent to decline as history shows leases tracking home sales

You may also like...