Hong Kong’s property prices have been rising as developers throw wads of cash towards mortgage plans for buyers, even as banks tightened lending. Photo: Nora Tam

Hong Kong developers use wads of cash to skirt mortgage rules and salvage sales

Homebuilders have stepped in to provide mortgage funding as banks tightened lending to rein in skyrocketing prices

Topic |   Hong Kong housing

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Hong Kong’s property prices have been rising as developers throw wads of cash towards mortgage plans for buyers, even as banks tightened lending. Photo: Nora Tam
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