Hong Kong Residents Eye Apartments Overseas as Protests Drag On

(Bloomberg) — Residents of Hong Kong are hunting for homes all over the world as tense anti-government protests look set to drag into the new year.Real estate brokers from Australia to Canada have seen a surge in interest over the past few weeks, with the desire to secure a safer future prompting many to look beyond the Asian financial hub.“There’s been an increase in capital outflows from Hong Kong-based investors into other major global real estate markets, with Australia, Singapore, Japan and the U.S. all seeing an increase in purchasing activity,” said Ben Burston, Knight Frank LLP’s Australia-based chief economist.Pro-democracy …read more

Source:: Yahoo Finance

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