Luxury homes are offloaded in fire sales as some of Hong Kong’s wealthiest face liquidity crunches
- Posted on September 21, 2024
- By South China Morning Post
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Luxury homes are offloaded in fire sales as some of Hong Kong’s wealthiest face liquidity crunches
All across Hong Kong – from The Peak to South Island and elsewhere – high-net-worth individuals have found themselves caught in a tight spot between their ritzy, overleveraged properties and a quickly draining pool of liquidity.
