Hong Kong’s once red-hot property prices had lost 11.7 per cent over a period of six months, according to the Rating and Valuation Department’s data in March. Photo: EPA

Into the red: HKMA’s home loans guidelines for banks help ease negative equity pressures

More homeowners are discovering that the value of their property is lower than the outstanding mortgage loan, but even if there were a price slump, the severity of negative equity would be manageable, experts say

Topic |   Weekend Property

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Hong Kong’s once red-hot property prices had lost 11.7 per cent over a period of six months, according to the Rating and Valuation Department’s data in March. Photo: EPA
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