The main objective of this paper is to examine the impact of savings deposit rate and Hang Seng index on real estate prices in Hong Kong Market. Two different periods are chosen to conduct this research: one period is the deflationary time, from 1998 to 2003, and the other is the reviving economical time from 2004 to 2007. The aim of this research is to examine the influences of these variables in different economic conditions, and find out whether there are any causal effects amongst them.
Tang. T. (2010). How can saving deposit rate and Hang Seng Index affect housing prices: An empirical study in Hong Kong market. Lingnan Journal of Banking, Finance and Economics, 2. Retrieved from http://commons.ln.edu.hk/ljbfe/vol2/iss1/3