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REVELLERS ON ROLLERCOASTER PAST BLOCKS OF RESIDENTIAL BUILDINGS UNDER CONSTRUCTION IN HONG KONG, 2001-12-18 (photo)

IMAGE number
REU8559249
Image title
REVELLERS ON ROLLERCOASTER PAST BLOCKS OF RESIDENTIAL BUILDINGS UNDER CONSTRUCTION IN HONG KONG, 2001-12-18 (photo)
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Photographer
Bobby Yip
Medium
photograph
Date
2001 AD (C21st AD)
Shooting Date
2001-12-18
Image description

Revellers on a "Wild Mouse" rollercoaster passes blocks of residential buildings under construction in Hong Kong December 18, 2001. Price discounts, incentives and lower interest rates helped to boost flat sales in the territory over the weekend, but analysts say the market could quickly stall without such sweeteners amid an abundant supply of new homes. Hong Kong's property market has been largely moribund since the 1997/98 Asian financial crisis, and residential prices are now more than 50 percent below their 1997 peaks. REUTERS/Bobby Yip BY/CP

Photo credit
REUTERS/Bobby Yip / Bridgeman Images
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