| From Bloomberg: Hong Kong home prices will extend gains as long as interest rates stay low and the economy expands, defying new government measures to prevent a potential bubble, according to UBS AG.
“We have low interest rates, low new supply, high inflation and rising incomes,” Eric Wong, head of Asia real estate research at UBS, Switzerland’s biggest bank, said at a seminar organized by Bloomberg in Hong Kong today. “As long as these factors don’t change, home prices in Hong Kong will keep going up.”.............................................Full Article: Source
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