Hong Kong Property Market Outlook for 2023

The local mainstream media always likes to pursue sensationalism. In good times, they go into overdrive and only hype up the good news, foments public frenzy, thus encouraging the build up of asset bubbles. In negative times, they only highlight the bad news, paint a picture of gloom, and talk of imminent disaster. Since the local property markets started to turn down ( after the US Federal Reserve embarked on a path to raise interest rates ), the media has turned its attention to bashing HK’s property market, in particular the residential sector. Almost everyday, there are news about crash in property prices, and talk of much more pain to come yet. Whether done on purpose or not, this has created a lot of confusion among many people and foments a bearish sentiment towards HK’s outlook.   <a href="https://medium.com/@winstonliu88/hong-kong-property-market-outlook-for-2023-adc80d5ee57b">Click Here</a>