The prices of Hong Kong homes in the secondary market rose 2.9 per cent in March from the previous month, at their fastest monthly pace in about three years. Photo: AFP
Albert Cheng
Opinion

Opinion

Albert Cheng

Vancouver’s ‘spicy measures’ have worked to lower property prices. Why haven’t Hong Kong’s?

  • A series of taxes imposed in the city and the wider British Columbia province supports the government’s determination to rein in prices
  • A good place to start would be Hong Kong’s proposed vacancy tax

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The prices of Hong Kong homes in the secondary market rose 2.9 per cent in March from the previous month, at their fastest monthly pace in about three years. Photo: AFP
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