Hong Kong migrants are pushing up property prices in the UK as they compete with local buyers for homes near good schools. Photo: Reuters
Hong Kong migrants are pushing up property prices in the UK as they compete with local buyers for homes near good schools. Photo: Reuters

The BN(O) effect? Hong Kong migrants’ rush for homes near good schools drives up property prices in some UK cities

  • Hongkongers used to buy UK property mainly for investment, but now they want family homes to live in
  • Locals like homes near good schools too, but Hongkongers ‘do research and buy when kids are small’

Hong Kong migrants are pushing up property prices in the UK as they compete with local buyers for homes near good schools. Photo: Reuters
Hong Kong migrants are pushing up property prices in the UK as they compete with local buyers for homes near good schools. Photo: Reuters
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