Abstract | As some analysts see it, Hong Kong's always-exciting property market is in the throes of a "slow-motion crash." That, presumably, is better than the speedier kind. But many homeowners, who bought apartments while prices were soaring 18 months ago and are stuck with rising mortgage costs and declining asset values, may wonder whether the difference is so important. Their sentiments are shared by the legions of investors - local, mainland Chinese and international - in Hong Kong real estate. |
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