Blogger
  • Prof. Richard Wong SBS JP
    2017/12/16
    For many in Hong Kong our housing problem is high prices and high rents – a shortfall in housing. They conclude that the most adversely affected are the low-income and middle-income households s...
  • Eric Lui
    2017/06/30
    The Centa-City Leading Index, a gauge of secondary housing prices in Hong Kong, eased last week. That marked the first decline after a 19-week rally but does that mean a meaningful correction is aroun...
  • Eric Lui
    2017/06/12
    Hong Kong’s housing market has continued to rise since July 2003, a bull cycle that has many similarities with the previous one that occurred between September 1984 and October 1997.One common f...
  • Prof. Richard Wong SBS JP
    2017/04/22
    Housing Malaise is Not Simply Insufficient Housing UnitsThe housing malaise in Hong Kong is often seen as a problem of demand growing faster than supply. Government policy aims to (1) manage demand by...
  • Prof. Richard Wong SBS JP
    2017/04/19
    Underestimating Demand Growth — Divorce and RemarriagesThe most important source of growth in housing demand that has not been foreseen in Hong Kong is the rapidly escalating number of divorces ...
  • Prof. Richard Wong SBS JP
    2017/04/12
    Property prices have once again scaled new heights (despite the heavy punitive stamp duties), demonstrating conclusively that regulatory constraints do not work. Demand management is futile in the fac...
  • Eric Lui
    2017/03/31
    We’ve discussed several factors that may trigger a U-turn in Hong Kong’s housing market and concluded that home prices may hit a peak and fall off in third or fourth quarter of this year.B...
  • Prof. Richard Wong SBS JP
    2017/03/23
    Home prices soared in late 2016 to the surprise of many, after falling by about 4 per cent between 2015 and 2016. Developers quickly pushed large numbers of pre-sale units onto the market at very high...
  • Eric Lui
    2017/03/16
    Hong Kong’s housing market has been picking up since the 2008 financial crisis. Private housing prices surged 195 percent between late 2008 and the end of January this year, translating into an ...
  • Eric Lui
    2017/03/09
    Market participants are factoring in a 90 percent chance for a March rate hike by the US Federal Reserve, as indicated by latest Fed funds futures.It is generally expected that the central bank will r...