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Surge in divorce rates adding fuel to frenzy in HK property market

Both members of a former couple can end up on waiting lists for public housing, with private homes proving unattainable
Thursday, June 8, 2017 - 05:50

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As mortgage lending booms and prices reach records, a mix of rising interest rates, frothy property valuations and the potential for a market collapse are frequently flagged as one of the biggest risks to the Hong Kong economy.

Hong Kong

THE usual suspects for Hong Kong's sky-high property prices are low interest rates, a housing shortage and demand from mainland China. But there's another unforeseen factor: divorce.

Demand for separations and remarriages have accelerated sharply over the past two decades

sentifi.com

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