Illustration: SCMP
A US$6 trillion tidal wave of quantitative easing is coming, but it won’t buoy Hong Kong home prices – here’s why
- Home prices are unlikely to grow at rates seen after the 2008 financial crisis because of the coronavirus and political tensions around Hong Kong’s autonomy
- Introduction of Hibor-linked loans galvanised the market post 2008, but rates are already very low currently and are unlikely to support growth
Topic |
Coronavirus pandemic
Illustration: SCMP