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Author:Bacani, C.
Hamilton, A.
Title:Let the good times roll
Journal:Asiaweek
1997 : JAN 17, VOL. 23:2, p. 44-48
Index terms:ECONOMICS
ASIA
HONG KONG
Language:eng
Abstract:After two years of declines, Hong Kong's real estate market is booming again. But will speculators ruin it forever? Many who bought a place in King's Park are counting on selling or renting to mainlanders after British-run Hong Kong reverts to Chinese sovereignty July 1. But a strong real estate market is a plus in Hong Kong, where property investment is a traditional way of making money. Those profits help finance businesses and industries, fund the stock market and stoke consumer spending.
SCIMA record nr: 155751
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