Hong Kong’s Property Market Is a Mess—and the Fed Is Partly to Blame

Wall Street Journal, Aug. 2, 2023–Elaine Yu (subscription)
U.S. interest rate increases have tamed inflation at home but caused pain elsewhere
https://www.wsj.com/articles/hong-kongs-property-market-is-a-messand-the-fed-is-partly-to-blame-22ac7ebe?