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Hongkongers not under pressure to sell property to repay loans even though household debt is at record high, analysts say

Hongkongers not under pressure to sell property to repay loans even though household debt is at record high, analysts say Hong Kong’s household debt-to-GDP ratio rose to a record 90.2 per cent as of the end of 2020, compared with 80.4 per cent a year earlier Panic selling seen during Sars crisis won’t be repeated, mReferral chief vice-president says
Hong Kong Sun Yeung Hong Kongers Relief Measures Mreferral Mortgage Brokerage Services Eric Tso
Source: scmp.com

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Hong Kong's 'haunted homes' sell for steep discounts during downturn, giving first-time buyers a way in

January 12, 2021 Homes that were the site of untimely or violent death more often than not come with huge discounts for those brave enough to take the plunge. South China Morning Post Even in a slump, Hong Kong’s famously lofty property prices can be enough to send a shudder down the spine. But if that doesn’t do it, how about the thought of sharing a flat with a ghost? Homes touched by untimely or violent death more often than not come with huge discounts for those brave enough to take t...
Hong Kong Joe Lee Jessica Chow Centaline Property Agency Mreferral Mortgage Brokerage Services Centaline Property

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