Beijing’s new rules on outbound investment could bring benefits for Hong Kong, possibly driving down land prices. –SCMP, August 23
This is all very well, but it does not mean much for homebuyers if home prices continue to go up. All it would mean then is that developers make bigger profits.
Sellers charge buyers what they think the market will bear. If there is a disconnect between the influences driving land prices and the influences driving home prices, then a drop in land prices will…
Source : South China Morning Post
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