First day of applications for Housing Authority (HA)'s latest sale of Home Ownership Scheme flats at the Housing Authority’s Customer Service Centre in Lok Fu on 30 March 2017. Photo: SCMP / Nora Tam

Gen-Zs in their 20s are fastest-growing group of loan borrowers, spurred by cheap and easy money

Gen-Z and the Millennials have turned into the biggest borrowers of the economy, spurred by the proliferation of smartphone-enabled credit facilities and low interest rates

Topic |   Banking & Finance

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First day of applications for Housing Authority (HA)'s latest sale of Home Ownership Scheme flats at the Housing Authority’s Customer Service Centre in Lok Fu on 30 March 2017. Photo: SCMP / Nora Tam
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