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HK Property Pain ahead...many owners are holding on a negative asset. SG HDBee Hardla
An honorable member of the Coffee Shop Has Just Posted the Following:
Hong Kong’s Old Airport Becomes Symbol of City’s Property Pain Kai Tak was one of the city’s hottest addresses, but with prices falling fast, many homeowners owe more than they could get by selling their property. The stadium at Kai Tak has been delayed until next year; the former runway stretches out into Kowloon Bay. Photographer: Eugene Lee/SCMP By Shawna Kwan and Sharon Chau August 27... Read more Click here to view the whole thread at www.sammyboy.com. |
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