What will happen to Hong Kong property prices if the HKD is re-pegged?
What will happen to Hong Kong property prices if the HKD is re-pegged? As I see it is that taking into an account the overall undervaluation of the HKD at the moment re-peg would increase the purchasing power of the HKD. Which makes current HK property market undervalued, so after re-peg there would be a dramatic increase in price, right? Also, could it mean that this could lead to less people investing in property there?
Let me know what you think.