Sep
06

Young Chinese Graduates Are Fueling Hong Kong’s Property Boom

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  • Mainland graduates staying in city add to housing pressure
  • CLSA’s Nicole Wong sees demand for 4,000 units in coming years

As Hong Kong struggles with the world’s priciest housing market, a shortage in supply is being exacerbated by mainland Chinese students who come to study and then decide to stay.

The graduates may help boost housing demand by 4,000 units a year in the medium term, estimates Nicole Wong, the regional head of property research at CLSA Ltd. in Hong Kong. That compares with 25,500 private residential units completed in 2016…

Young Chinese Graduates Are Fueling Hong Kong’s Property Boom

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Categories : Real Estate

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