30+ years of bubble do you really think it will take 1 to 2 years of downturn to correct this mess? Basically, you have a reckless housing policy left behind by the Brit government, combining over 2 decades of low interest rate policy from the US, they have just created the perfect asset bubble in places like HK. So sad that modern-day HKers no longer know how to make a real buck but speculation and flipping assets. Enjoy the ride down and it will last at least 4-5 years.
@SiuWai-c8b23 күн бұрын
Agree.Even the property price dropped nearly 25%from the highest,it is still the most expensive one when compared with other places like New York or London.