PRC Buyers & Double Stamp Duty - HK "considering" dropping

[traineeinvestor]

Only "considering" it at this stage but starting to get some traction.

If it goes ahead, it will effectively place mainland buyers in the same stamp duty bucket as local HK buyers (instead of being lumped in with the foreigners).


Regina Ip Weighs DSD Waiver for CN Homebuyers; HSI Rebounds 100 pts as Blue Chip Developers Leap 3-5%

[aquaman]

great, i will never afford to buy anything here

[Gatts]

https://twitter.com/mbrookerhk/statu...48281233543170

[emx]

I thought CN home buyers were limited to owning just one property these days to limit speculation?

[drumbrake]

Does this make it a good time to sell?

[shri]

Does this make it a good time to sell?

Wait till someone is actually ready to buy.

But yeah... if you're ready to make a physical and/or emotional exit worth a look.

[eightfivetwo]

https://twitter.com/alvinllum/status...69684640743425

Update: False alarm.

[freeier]

Not false alarm obviously.. just some players in the market that has collected tonnes of SHK and HL shares decided to throw out such rumors for quick bucks.. XJP already warned everyone property is not for speculation...

[traineeinvestor]

I thought CN home buyers were limited to owning just one property these days to limit speculation?

One country two systems.

[traineeinvestor]

A very muddled article but reading between the lines it would appear that it could be read down as another "the government could consider ...." balloon.

https://www.thestandard.com.hk/break...says-Regina-Ip