Assessing the Health of Hong Kong’s Property Market

Assessing the Health of Hong Kong’s Property Market

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of recent events on the real estate market, focusing on price trends, consumer behavior, and the shift to online platforms. It highlights a 6-7% drop in asking prices and predicts further declines. The protests and coronavirus have affected market confidence, with a delayed impact on rentals. The shift to online platforms has been significant, benefiting businesses like the featured Internet search platform. The video also offers advice on finding rental bargains in Hong Kong, suggesting a 5-10% reduction in rents is achievable.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks to the market mentioned in the discussion?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has online traffic changed in the real estate market during the protests and the pandemic?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies can consumers use to find good bargains in the rental market?

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