Lohas Park in Tseung Kwan O. In the absence of a sharp increase in supply in the coming years, it is unlikely housing prices will fall into bear market territory any time soon. Photo: Sun Yeung
Opinion
Opinion
The View
Expect a sharp, sustained drop in Hong Kong housing prices? Think again
- Despite a pessimistic turn in sentiment, the underlying factors that have made Hong Kong’s housing market the world’s most expensive have not changed
- Any prediction of a residential property bear market looks implausible when taking into account persistent impediments to boosting housing supply
Lohas Park in Tseung Kwan O. In the absence of a sharp increase in supply in the coming years, it is unlikely housing prices will fall into bear market territory any time soon. Photo: Sun Yeung
