The jump in negative equity cases comes after the Hong Kong government relaxed mortgage-lending rules in October last year. Photo: Roy Issa
More than 1,000 Hong Kong homeowners could see loans exceed value of properties in first quarter
- Instances of negative equity could rise by 680 per cent by the time the government releases data for first quarter
- Surge in negative equity could deepen a correction in home prices
The jump in negative equity cases comes after the Hong Kong government relaxed mortgage-lending rules in October last year. Photo: Roy Issa
