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Wed, 21 Apr 2021 08:30   Pearl Liu

Number of vacant homes in Hong Kong may surge to 18-year-high as families head to UK under BN(O) visa scheme, Bloomberg forecasts

The number of homes standing empty in Hong Kong may climb to an 18-year high in 2021 as thousands of families flee to the UK, according to a Bloomberg estimate.The proportion of vacant units could surge to 5.4 per cent according to a Bloomberg Intelligence forecast based on a scenario in which 1 per cent of households vacate their private dwellings and head overseas.The bulk of the estimated 11,737 departing households will be heading to Britain to take advantage of a government scheme to…

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