Tuesday, November 2, 2010

Hong Kong luxury real estate prices 14% above 1997 peak

Real estate news got quiet leading up to the u.s. election, but returns apace.

Hong Kong luxury real estate prices rise above 1997 peak
Earlier this month, the city's chief executive Donald Tsang introduced measures intended to slow the property market, including stopping automatic residency for wealthy property buyers, many of whom come from mainland China.
The same thing continues to drive everything. Low rates, Chinese investors.

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