To me there are just so many other places in the world to more safely buy real estate (US, for example) with better ROI and not going to be fully integrated with China in 2047...
Normally I do prefer to buy but probably never will in HK...
Well I am expecting massive capital apprecation in Hong Kong now. In the last 7 months the whole country gone completely up shit creek, people getting teargassed daily, businesses set ablaze etc, and still the property market has proven so strong, only dropped slightly. This only confirms that absolutely NOTHING can stop HK property from dropping and now the unrest is coming to an end, the sentiment will change from negative to positive, property is about to go crazy through the roof in 2020!Original Post Deleted
We should be grateful that one small piece of positivity that has come out of the last 7 months of crap is that you can now safely buy property in HK and sleep comfortably knowing that you absolutely will make millions out it completely risk free, and stop paying rent at the same time.
Yet most of the real estate companies and analysts are forecasting 15-25% drops this year, albeit mostly in the > $10M bracket.
Conversely, 4-6 and 6-10 brackets have been robust.
If experts are a problem where should people go for trustworthy information?