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South Korea urges officials to sell their second homes as prices fuel anger

July 08, 2020 5:07 PM

SEOUL (BLOOMBERG) - Mr Moon Jae-in's government has ramped up pressure on top government officials to unload their second homes in the high-priced capital Seoul, as the South Korean president faces increased pressure to make housing more affordable.

Frustration of surviving pricey Hong Kong stirs protest anger

July 04, 2019 7:58 AM

HONG KONG (REUTERS) - Young people in Hong Kong have been at the forefront of violent protests over a proposed extradition law that have shaken the city and angered Beijing.

Trade war could pop Hong Kong's property bubble

June 07, 2019 5:00 AM

HONG KONG • Record high home prices in Hong Kong have prompted some economists to forecast a bursting of the bubble.

US-China trade war could pop Hong Kong's property bubble

June 06, 2019 9:06 AM

HONG KONG (BLOOMBERG) - Record high home prices in Hong Kong have prompted some economists to forecast a bursting of the bubble.

Aussie housing slump deepens as Sydney listings hit 2004 low

May 11, 2019 3:26 PM

SYDNEY (BLOOMBERG) - Sydney houses are hitting the market at the slowest pace since 2004 and Melbourne is also seeing a dramatic slide in sellers, adding to concerns that Australia's housing slump will sap economic growth and force the central bank to cut interest rates.

Room for everyone

April 20, 2019 5:00 AM

Home buyers and their agents queueing to book a unit at High Park Residences, a 1,390-unit condominium development in Fernvale, near Seletar, on July 17, 2015. Photonico is a website offering high-quality stock photos that celebrate Asian contemporary culture and heritage.

Hong Kong urged to call time on 'archaic' indigenous land policy

April 11, 2019 4:00 PM

BANGKOK (REUTERS) - Hong Kong must end a discriminatory land policy that favours indigenous men, land rights campaigners said on Thursday (April 11), after a top court upheld a minor law that has long been criticised for exacerbating the city's chronic housing shortage.

Sky-high property prices in China force divorced couples to continue living together

April 10, 2019 11:35 AM

BEIJING (CHINA DAILY/ASIA NEWS NETWORK) - In China's big cities today, a man and a woman living under the same roof may be one of several things: husband and wife; early-adult siblings, a spouse and an in-law; or, increasingly, former spouses.

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