Mon, 2019-09-30 01:23
HONG KONG: While months of Hong Kong protests have scared away tourists, sent jitters across the financial center and cast a dark cloud over the local economy, there’s one thing residents of the city are confident they can bank on — sky-high property prices.
Home prices in the former British colony have rocketed over 200 percent in the past decade, driven by limited housing supply and large capital flows from mainland Chinese buyers, angering many residents who can’t afford to get on the property ladder.
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