Seeking Alpha

Mortgage rates are rising in Hong Kong and it could lead to a 20% drop in property prices over...

Mortgage rates are rising in Hong Kong and it could lead to a 20% drop in property prices over the next 2 years, according to Deutsche Bank. On top of higher rates are government efforts at curbing real estate. Developers are responding - cutting prices along with sales and earnings projections. EWH flat YTD.
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