Why do even small flats have a $500,000 down payment in Hong Kong?

Posted from: https://www.cnbc.com/video/2017/10/10/why-do-even-small-flats-have-a-500000-down-payment-in-hong-kong.html

Hong Kong's sky-high housing prices are a result of government policy with supply having dropped up to 65 percent from the long-term average, says Peter Churchouse of the Churchouse Letter….

Posted from: https://www.cnbc.com/video/2017/10/10/why-do-even-small-flats-have-a-500000-down-payment-in-hong-kong.html

Hong Kong's sky-high housing prices are a result of government policy with supply having dropped up to 65 percent from the long-term average, says Peter Churchouse of the Churchouse Letter….

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