The jump in negative equity cases comes after the Hong Kong government relaxed mortgage-lending rules in October last year. Photo: Roy Issa The jump in negative equity cases comes after the Hong Kong government relaxed mortgage-lending rules in October last year. Photo: Roy Issa
The jump in negative equity cases comes after the Hong Kong government relaxed mortgage-lending rules in October last year. Photo: Roy Issa
Business

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

Topic |   Hong Kong property
Sandy LiLam Ka-sing
Sandy Li and Lam Ka-sing

Updated: 10:37pm, 16 Apr, 2020

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The jump in negative equity cases comes after the Hong Kong government relaxed mortgage-lending rules in October last year. Photo: Roy Issa The jump in negative equity cases comes after the Hong Kong government relaxed mortgage-lending rules in October last year. Photo: Roy Issa
The jump in negative equity cases comes after the Hong Kong government relaxed mortgage-lending rules in October last year. Photo: Roy Issa
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