Property News · November 29, 2017

Where to get a HK$1m flat? Best try overseas, agents tell young flat buyers in Hong Kong


Twenty and thirtysomethings who’ve struggled to get on the property ladder in Hong Kong are turning to more affordable options overseas, according to industry experts.
Many are seeking to acquire real estate in urban centres around the region that haven’t seen such huge run-ups in prices, but which stand to appreciate over time.
In some cases, the idea is to cash out eventually and use portfolio gains to buy back into Hong Kong.
“In the past three to four years, because of the…

Source : South China Morning Post
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