Is banks’ deposits race the first sign of Hong Kong’s property bubble bursting?

Closed Thread
  1. #1

    Join Date
    Oct 2006
    Location
    Hong Kong
    Posts
    15,613

    Is banks’ deposits race the first sign of Hong Kong’s property bubble bursting?


  2. #2

    dont believe the hype

    when prime moves up by 25bps (maybe sometime this year) thats not enough to push people to sell at a loss, you need a much bigger move to really impact the market

    most mortgages already hit the P ceiling this year (2.25%) at least once after being as low as 1-1.6% effectively the past few years and look what happened to property prices