Hong Kong's Property Tax Cut Won't Boost Demand, Colliers Says

The video discusses the impact of government policies on Hong Kong's real estate market, highlighting the limited effect of a 30% stamp duty refund for non-PR buyers. It explores the challenges faced by the Chinese housing market, including oversupply and financial instability among developers. The discussion also covers the potential for market recovery in Hong Kong and the role of Chinese buyers. Government measures to stabilize the market, such as interest rate adjustments and enforcement of developer obligations, are also examined.

What is the expected trend for home prices in Hong Kong over the next year?

What measures is the Chinese government taking to address the issues in the housing market?