Hong Kong buyers expect further declines in London home prices, delay investment
Tuesday, 22 January 2019 () Hong Kong investors expect further declines in the prices of London homes because of uncertainty around Brexit, and are delaying investment, according to industry experts. Chris Harvey, a partner at law firm Mayer Brown London, said that depending on the area, residential prices in London had dropped by between 10 per cent and 20 per cent, with the luxury segment slumping by more than 20 per cent. He added that Hong Kong property investors were, therefore, waiting for further discounts. London...
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