People who get wrong cars make property prices rise

Last week, Citigroup made a report titled “Dropped Car” and pointed out that in the past 10 years, 200,000 people have dropped their cars. If they do not understand the real estate market in Hong Kong, they will really be scared to death. If you know it, you know, I think there is not even one half at a time when it is substantially less than 200 000. However, one strange phenomenon is that property owners who drop the wrong car have contributed to an increase in property prices in Hong Kong.

Citigroup report said that in the past 10 years, there are 610,000 owners to sell their properties, there are 360,000 owners did not buy back, of which 160,000 still hold the property, they are only cash, not the wrong car, the remaining 200,000 Honestly, I do not know how many manpower and resources Citigy took to write this report, but the report concludes that 200,000 owners fall into wrong car is the wrong interpretation, they did sell the property and Did not buy back, but they are not off the wrong car.

Citigroup report ignores old immigrants

I estimate that in the past 10 years, at least 5,000 homeowners each year have passed away and have already gone to heaven. How can they buy a home? Many people say that Hong Kong does not deserve nostalgia. If 3,000 homeowners immigrants leave each year, it is certainly unlikely that they will buy another one. The property market has been rising for most of the past 10 years. However, there are still many silver heads, I am not too pessimistic. There are always 2,000 units each year. I believe those owners of silver owners are incapable of buying a home. They are forced to disembark and a substantial reduction by half in the above three calculations will result in a substantial reduction in the number of those who drop the wrong car. Moreover, some property owners will not buy flats in their own name. In addition, some property owners have not bought any flats after they sell their flats. However, they can buy flats in the form of corporate transfers. How to get rid of the wrong car, write the report may be less urgent, or do not understand the property market.

More batch of high quality tenants Tim owners confidence

Many owners in Hong Kong did indeed fall into the wrong car, focusing on the time before and after the introduction of the SSD by the government. At that time, if the government made any move, the property prices would drop by 20% or 30%. Many property owners believe that they have the capacity of chief executive. However, they were full of confidence at the time and they had to rent their own flats before the property prices fell. Most of them would have held a flat because they had just sold the flats. A lot of cash is a very good tenant. Other owners are very happy to rent them to them. As a result, many people are confident that they will be able to buy and rent their flats. As a result, the prices of flats will rise steadily. I believe not too many people should understand this fact If Citigroup’s report titled “Drop the wrong car” causes the property prices to go up, the insider knows that it is an expected report.