Property News · April 24, 2017

To buy or rent in Hong Kong? Tipping point guide to 93 neighbourhoods shows the way


A common quandary for residents in Hong Kong is whether it makes more sense to buy or rent a flat. On one hand, there’s the perception that paying rent is like throwing money down the drain. On the other hand, the cost of entering the market and decades tied up in mortgage repayment can be a huge financial burden.
New data from online property listings website Spacious tries to settle the question. The start-up analysed trends in 93 neighbourhoods and calculated the “tipping point…

Source : South China Morning Post
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