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Hong Kong Housing Market Is Dominated by Chinese: They Push the Price on The Top of the World

  • Calvin Sha
  • Dec 1, 2017
  • 1 min read

Hong Kong is a little city next to China and there is less than 300 square Kilometers for almost 8 millions people living in. In the past two decades, the greatest change in Hong Kong's society has been the steady influx of Chinese colonial troops into Hong Kong. In the early years, most people in the early years still came to Hong Kong under family reunion, and in recent years, China became a powerful country. The Chinese tyrants and gentry have been massively stationed in Hong Kong. They do not trust the money under the eyes of the Communist Party, they are afraid of being confiscated by the Communist Party at any time. China is not a country that has no capital to flow freely. The safest way to smuggle money out of the country is to bring cash in person and come to Hong Kong by land or plane. Billions of cash came to Hong Kong, you can buy what hedging, not afraid to be stolen robbed? The first thing I think of is, of course, Hong Kong real estate. The Chinese people like to buy bricks. Hong Kong people are even more out of blue. The two hit it off immediately, creating a situation in which property prices in Hong Kong completely out of touch with the general population of Hong Kong today.

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