Hong Kong’s Overleveraged Commercial Real Estate Tycoons Unravel, Prices Plunge

DerekJohnson

https://wolfstreet.com/2020/09/30/hong-kongs-overleveraged-commercial-real-estate-tycoons-unravel-prices-plunge-creditors-begin-to-take-over/

RaceBannon

“There’s a saying in Hong Kong property circles that if the city’s richest man, Li Ka-Shing, is selling, you don’t want to be the buyer,” the Japan Times points out.

@RoadDawg55 wisdom

greenblood

Overleveraged?

More like, "why the fuck buy real estate that the Chinese will soon take from me anyway?"