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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the overall trend in the non-residential market during the first half of the year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did social unrest have on the retail sector according to the text?

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