HONG KONG: The International Monetary Fund said on Monday that Hong Kong property prices are set to see adjustments following years of boom.
The city's housing market has become one of the most expensive in the world – prices having more than doubled since 2008 – due to an influx of capital from the mainland and record low interest rates, thanks to US quantitative easing.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!