Ten years ago the Hong Kong government introduced mortgage restrictions to cool down the property speculators. 50% deposit, additional stamp duties for a second property, additional stamp duties for non-
PR, etc. The government could simply unwind some of those restrictions if required.
Unlike Australia which is so desperate to prop up its housing market that it has incentives to buy, as opposed to Hong Kong’s disincentives.
One jurisdiction has restrictions it can ease to assist a falling property market. The other
jurisdiction is throwing printed money around.
Back on topic. All the best to our ex KA and CX comrades wherever you may be. Hong Kong and the company is a lesser place since you moved beyond