Why Hong Kong’s housing market is hurting but will dodge a full-blown crisis
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
Hong Kong’s real estate market has endured five years of steady upheaval and shocks, with domestic and global factors adding to the strain. Even so, the outlook is not all doom and gloom as risks to financial stability are manageable and the downturn has inspired much-needed reforms.