Hong Kong’s property slump may be terminal
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Hong Kong
Luxury properties high on the Prime, a verdant mountain towering over Hong Kong, have long been above the cares and concerns of the relaxation of the town: residents survey down from sprawling mansions onto the dense knot of tower blocks by which most of us reside. But fresh property woes have brought even the loftiest areas all the model down to Earth. The household of one indebted property investor equipped eight swanky Prime properties between July and October for around half of the cost they’d perhaps maybe even have fetched just a few years within the past.