CLSA's Wong Says Hong Kong Properties Are Affordable

The video discusses the property market in Hong Kong, focusing on the supply and demand dynamics. It highlights that while the supply is limited, the demand is influenced by parental support through remortgaging. Despite high prices, many properties are mortgage-free, making them affordable for some. The key issue is the limited supply, not the affordability for those who can buy.

What is the annual supply of new housing units in Hong Kong?

• 40,000 units

• 20,000 units

• 10,000 units

• 30,000 units

What percentage of Hong Kong's households can afford new properties?

• 15%

• 10%

• 5%

• Less than 1%

What financial strategy are many parents in Hong Kong using to help their children buy homes?

• Using savings accounts

• Taking personal loans

• Remortgaging their properties

• Investing in stocks

What percentage of Hong Kong properties have no outstanding mortgages?

• 80%

• 50%

• 75%

• 66%

What is identified as the key problem affecting property affordability in Hong Kong?

• High interest rates

• Government policies

• Limited supply

• High demand