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Factors that fuel housing and shop rent increase in HK

Posted on 11 October 2012

Hong Kong’s real estate market has been rising in the last few years, as the flow of capital and personnel grew after the 2008 global financial crisis. Property prices have been going up for almost four years with most of the categories gaining 30 percent to 50 percent on average and some locations as much as 70 percent.
Meanwhile rents have been soaring as well, not just for residential units but business spaces, too. The simultaneous rise of housing prices and rents has been so dramatic it is now a bona fide social problem………………………………………..Full Article: Source


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