Does Hong Kong’s housing market rebound need local owners to sustain it?
Hong Kong’s housing market has rebounded faster than expected this year, but analysts say the pace of the recovery could undermine its own momentum as rising prices begin to erase the affordability that had started drawing local buyers back into the market. Jeremy Wong, a financial professional in his 40s who recently married, had hoped this year would finally be the right time to buy a three-bedroom home with his wife after prices corrected from their peak. Instead, the rebound had pushed their...
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