Even as Hong Kong remains the world’s least affordable housing market, many buyers still shun heavily discounted homes linked to an “unnatural death”, such as murder or suicide, according to property agents. Prices for such properties could fall by as much as 50 per cent, while rents were typically about 20 per cent below market rates, they added. The aversion stands in stark contrast to parts of Europe, particularly in France, where buyers are often willing to purchase homes under a “vente en...
Scary deals? What makes Hong Kong shun death-linked homes while France embraces the risk
SC
SCMP - China Feed 2By Cheryl Arcibal
EXECUTIVE SUMMARY
Even as Hong Kong remains the world’s least affordable housing market, many buyers still shun heavily discounted homes linked to an “unnatural death”, such as murder or suicide, according to property agents. Prices for such properties could fall by as much as 50 per cent, while rents were typically about 20 per cent below market rates, they added. The aversion stands in stark contrast to parts of Europe, particularly in France, where buyers are often willing to purchase homes under a “vente en..
Key Takeaways
- What makes Hong Kong shun death-linked homes while France embraces the risk.
- Prices for such properties could fall by as much as 50 per cent, while rents were typically about 20 per cent below market rates, they added.
- The aversion stands in stark contrast to parts of Europe, particularly in France, where buyers are often willing to purchase homes under a “vente en..
Read Complete Original Article
Published originally on SCMP - China Feed 2
