A man looks at residential property advertisements displayed in the window of an estate agency in North Point. Photo: Bloomberg
Hong Kong’s lived-in home prices will drop 5 per cent in 2022 as people, capital head for the exit, UBS says
- UBS is the second investment bank to forecast a decrease in the world’s most expensive property market, after Morgan Stanley
- An emigration wave and an exit of capital because of tightened mainland regulations will contribute to the drop, says the Swiss bank
A man looks at residential property advertisements displayed in the window of an estate agency in North Point. Photo: Bloomberg
