The property market is gradually recovering and starting again

Hong Kong people are people with strong adaptability and adaptability

Whether it is wind and rain, they can quickly clean up the mess and go to work and live as usual. In the past few months, many Hong Kong people have experienced social unrest that they have never experienced before. But over time, most Hong Kong people have begun to adapt to the current environment and become part of the normal life. It can be seen that Hong Kong people have strong adaptability. The rhythm of life can be found in any situation.

Although the situation is turbulent, the worst moment is the best opportunity

The author believes that the material must be reversed. If it is used in the real estate market, someone will resign and return to the court. In the past few months, it has been hit by social movements. Property prices have fallen, but the decline has been relatively small. It is only about 8% from the high level in May. It shows that there is no panic selling in the property market.

In the latest policy address, the relaxation of the property price ceiling of the mortgage insurance scheme has become a straightforward measure

Property with a property price of $8 million can be mortgaged up to 90%, and up to 80% of the mortgage loan of $10 million. A group of first-timers are more likely to get on the bus. In addition, in order to cope with the vacant tax that the government is about to implement, the developer will speed up the sales of new units at the end of the cargo, which will further activate the property market that has been quiet. Therefore, the author believes that the worst moment of the property market has passed, and the property market will soon recover and start again.

At present, the Sino-US trade war negotiations are progressing well, and the stock market is also picking up, which brings a little light to the economic trend of the market. In the new policy address, we are also keen to increase the supply of housing and implement improvements in people’s livelihood. Even if these measures may not immediately resolve the existing political problems, they are also conducive to alleviating the public’s grievances.

The author believes that social problems can finally be resolved. I hope that the Government will absorb experience and review it from recent events to find a suitable way to resolve the social contradictions and disputes and let Hong Kong return to peace and development.


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