Hong Kong Home Prices Set for 5-Year Low

The video discusses the impact of rising mortgage rates on the housing market, noting a significant decline in home prices and demand. It highlights the challenges faced by property holders and developers, particularly in Hong Kong, due to high mortgage rates and low rental yields. The discussion also covers the effects of COVID-19 on property demand and rental recovery, comparing the situation in Hong Kong with Singapore. Finally, the video examines China's housing market, considering potential government measures to support the market and the challenges faced by developers.

What is the expected mortgage rate by the end of the year according to the discussion?

• 5.5%

• 3.5%

• 2.5%

• 4.5%

What has been the trend in home prices from the peak level last year?

• Increased by 5%

• Remained the same

• Decreased by 10%

• Increased by 10%

What is the current rental yield in Hong Kong compared to the mortgage rate?

• Higher than the mortgage rate

• Not mentioned

• Equal to the mortgage rate

• Lower than the mortgage rate

What is one of the challenges faced by private developers in China?

• High consumer confidence

• High rental yields

• Low consumer confidence

• Excessive government support

How has the relaxation of COVID-19 restrictions affected property demand in Singapore?

• Demand fluctuated

• Increased demand

• Decreased demand

• No change in demand