Property News · November 12, 2019

With Hong Kong’s property market on verge of huge correction, government must take steps to cushion downside risks


As a demand driven market, Hong Kong’s property market is highly influenced by the city’s economic performance. And as a small and open economy, its performance in turn is closely tied to the ebb and flow of external environment.This is evident when looking at the historic performance of the property market, where all broad-based market corrections over the past 30 years have followed significant external economic events.After almost 10 years of uninterrupted growth, Hong Kong’s economy is now…

Source : South China Morning Post
Read more…With Hong Kong’s property market on verge of huge correction, government must take steps to cushion downside risks

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