HK: It’s Going To Get Worse

Posted on by http://wealthcreation.club
🇭🇰 🇭🇰 HK: The home-price downturn will soon reach its five-year mark, the longest retreat since the SARS crisis more than two decades ago. When combined with losses in commercial property, at least HK$2.1 trillion ($270 billion) has been erased from real estate values in the city since 2019. Forecasters at UBS Group AG and CBRE Group Inc. predict more pain to come

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