80% Drop in Prices, Is Hong Kong Ultimately Doomed

#hongkong #doomed

An incredible 80% drop!! In an unexpected turn of events, prices on Hong Kong's real estate market have dropped by 80%, causing shockwaves across the region. Analysts and city residents alike are trying to figure out what this sudden drop means for the city's economy and its future. But what could have led to this?
Do you know where Hong Kong is first? You can find Hong Kong on the southern side of China. It is a Special Administrative Region (SAR). Because it follows the idea of "one country, two systems," Hong Kong has a special position. This means that its legal and economic systems are very different from those on the mainland.

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