How Are the Protests Affecting Hong Kong's Property Market?

How Are the Protests Affecting Hong Kong's Property Market?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the Hong Kong property market, highlighting a 1.1% price drop in July and a 30% decrease in primary market transactions. The residential market saw an 8.8% price increase in the first half of the year, while non-residential transactions fell by 40%. Factors like trade issues, interest rates, and social unrest are impacting the market. Despite these challenges, limited supply and low interest rates support market resilience. The retail sector is particularly affected by weak demand and social unrest.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage decline in transaction activity in the primary market in July?

30%

20%

10%

40%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage decline in transaction activity in the non-residential sector during the first half of the year?

50%

40%

30%

20%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in residential property prices in Hong Kong over the last decade?

150%

272%

300%

350%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two main factors supporting the resilience of the Hong Kong property market?

High demand and strong economy

Limited supply and low interest rates

Stable political environment and high employment

Government subsidies and foreign investments

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What external factor is mentioned as worsening the situation for the retail sector?

Rising inflation

Social unrest

Increased taxes

Currency devaluation