Originally Posted by
rkkwan
My uncle, like quite a few other Hong Kongers, bought weekend apartments in Panyu or Shende south of Guangzhou, a few years ago. He said many of his neighbors from HK have sold their places there, as cost of living in the Pearl River Delta region are really approaching HK.
I think, but I am not certain, that cashing out of the PRC real estate market was a smart move for them. HK is still more expensive than China, but the gap is closing at an alarming pace.