Here’s how property investments in these global cities have performed in the last 20 years. Despite its stratospheric gains, the Hong Kong property market is no longer fundamentally viable for investment. New Zealand property has skyrocketed but it is closed to foreign investors except Singaporeans and Australians—such severe measures show that the government is working hard to cool the market, a move that will hamper future capital growth, similar to what has happened to the Singapore market. We advocate caution: don’t invest in New Zealand just because you can, or because of a fear of missing out. Source: CSIPROPResearch, Abelson & Chung, Australian Bureau of Statistics, Bank for International Settlements, Destatis, HM Land Registry, Malaysia National Property Information Centre, Quotable Value Ltd, Reserve Bank of New Zealand, HK Rating and Valuation Department, Singapore Urban Redevelopment Agency, US Federal Housing Finance Agency
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