Low interests rates are the overriding factor in Hong Kong’s surging housing prices. Photo: Reuters
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Speculators do not create rising home prices. It’s the other way round – rising prices create speculators

The culprit is extraordinarily low interest rates and this is not just one factor. It is the overriding one

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Low interests rates are the overriding factor in Hong Kong’s surging housing prices. Photo: Reuters
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