Colin Arnott, Director of Research, speaks as one of the expert panelists in the South China Morning Post’s fifth “Redefining Hong Kong” debate series : “Can Hong Kong rein in runaway housing prices?”
The panel of experts, moderated by Yonden Lhatoo, the Chief News Editor of South China Morning Post, discussed the economic and social challenges of the escalating residential market and the ability for Hong Kong to implement policies to curb housing prices.
Other panelists included Lee Win-tat from Landwatch, Buggle Lau from Midland Holdings and Dr. Yanto Chandra from City University of Hong Kong.
Panelists concluded that there were several policy measures that could help curb soaring prices but that external forces were likely to continue to put upward pressure on the residential market in the foreseeable future.