Stephen Chung

Stephen Chung

Stephen Chung is managing director of Zeppelin Real Estate Analysis and an honorary adjunct professor of the University of Hong Kong

Latest from Stephen Chung

Hong Kong real estate: start buying if prices drop 50 per cent
Toronto gaining attention for Hong Kong buyers; A primer on where to go
Hong Kong car parking spaces now go for HK$1m
Price volatility high for Hong Kong parking spaces
Cities with unaffordable homes a global trend

Hong Kong has very pricey real estate. For the uninitiated (or the ignorant, if you happen to be local), most, i.e. 99 per cent of the 7 million-plus population reside in some form of high-rise apartments.

19 Nov 2014 - 5:47AM

Hong Kong has very pricey real estate. For the uninitiated (or the ignorant, if you happen to be local), most, i.e. 99 per cent of the 7 million-plus population reside in some form of high-rise apartments.

Cities with unaffordable homes a global trend
Population size is only one factor in influencing property prices

During a recent discussion with business school students at Tsinghua University the question arose as to whether real estate prices would fall if populations began declining. This is certainly likely, yet it is still just one possibility, and the notion that fewer people leads to lower property prices is not always destiny.

1 May 2013 - 3:44AM

During a recent discussion with business school students at Tsinghua University the question arose as to whether real estate prices would fall if populations began declining. This is certainly likely, yet it is still just one possibility, and the notion that fewer people leads to lower property prices is not always destiny.

Population size is only one factor in influencing property prices
Should investors buy property, property stocks or both?

From time to time, one may read debates in news media among investors and commentators about which of the above approaches offer better returns. Real estate agents tend to favour investing in bricks and mortar, while stocks traders would say equities offer better expense ratios, especially if all the stamp duties are taken into account.

6 Mar 2013 - 4:40AM

From time to time, one may read debates in news media among investors and commentators about which of the above approaches offer better returns. Real estate agents tend to favour investing in bricks and mortar, while stocks traders would say equities offer better expense ratios, especially if all the stamp duties are taken into account.

Should investors buy property, property stocks or both?
'Rigid' demand for homes is more of a marketing myth than reality

While the human need for accommodation tends to be rigid, the need to buy a home is not. It is comparatively flexible, or "elastic" to use economics terminology.

20 Feb 2013 - 4:40AM

While the human need for accommodation tends to be rigid, the need to buy a home is not. It is comparatively flexible, or "elastic" to use economics terminology.

'Rigid' demand for homes is more of a marketing myth than reality