In the most expensive RE market in the world, guess who’s still buying?

A new survey found that one in seven parents in Hong Kong would buy their children apartments in the city, the world’s most expensive real estate market. In fact, most first-time buyers in the city are using funds from their parents. In the survey, reported on by the South China Morning Post, 53 percent of Hong Kong parents said they would extend their mortgages to help their children and 60 percent said they are giving […]

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