Taikoo Shing will be among housing estates where renting will be cheaper than owning an apartment when the mortgage rate hits 3 per cent. Photo: Nora Tam
Taikoo Shing will be among housing estates where renting will be cheaper than owning an apartment when the mortgage rate hits 3 per cent. Photo: Nora Tam

Increase in Hong Kong mortgage rate will make renting cheaper in seven out of 10 housing estates

Jump to 3 per cent might also cool housing prices, according to research conducted exclusively for South China Morning Post

Taikoo Shing will be among housing estates where renting will be cheaper than owning an apartment when the mortgage rate hits 3 per cent. Photo: Nora Tam
Taikoo Shing will be among housing estates where renting will be cheaper than owning an apartment when the mortgage rate hits 3 per cent. Photo: Nora Tam
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