Hong Kong Sees $270 Billion Property Wipeout Since 2019

Hong Kong Sees $270 Billion Property Wipeout Since 2019

Hong Kong’s deepening property scoot will soon reach its 5-year trace. At least $270 billion has been erased from right estate values in the metropolis since 2019, in step with new prognosis by Bloomberg Intelligence. As Russell Ward stories, Hong Kong is tormented by a combine of rising curiosity charges, monetary-sector job losses, changing work habits and questions about its future as a foremost global hideous.

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