tick tock tick tock
sales down by almost 20% since cooling measures introduced, mass layoffs commencing at estate agents
http://www.scmp.com/news/hong-kong/a...oling-measures
That article didn't say mass layoffs. It said 10% natural reduction, but since many agents are on commission only I wouldn't be surprised if many employees on Caine Road are not already looking for other career paths. If the tax supplement on Singapore is any guideline it is a bump in the road.