Hong Kong’s expanding stock underscores the proposal by Chief Executive Carrie Lam to tax developers to bring housing supply in line with demand. Photo: Felix Wong

Hong Kong’s inventory of unsold residential property rises to a decade-high of 10,000 homes as trade war, protests deterred buyers

  • The figure stood at 10,000 unsold homes at the end of the second quarter, 1,000 units more than the end of March
  • The expanding stock underscores the proposal by Chief Executive Carrie Lam to tax developers to bring housing supply in line with demand and help rein in prices
Topic |   Hong Kong property

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Hong Kong’s expanding stock underscores the proposal by Chief Executive Carrie Lam to tax developers to bring housing supply in line with demand. Photo: Felix Wong
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