Hong Kong Rents Are Falling: Recession Ahead

Written by Gary North on February 23, 2012

The sign of the slowdown in China is the fact that rents in Honk Kong are falling. Rentals there have been from $10,000 to $23,000 a month. They were off almost 20% in 2011. The high-end rentals are falling faster. The market for rents in the range of US$25,000 to US$32,000 has been particularly hard […]

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