I'm fairly confident the property market will take a hit if foreigners completely left. "We" represent 1/3 of every condo acquired. There are no similar stats available for land, as "we" can't own it. But, as you very well know, the amount of wife-owned properties, legit-leased properties and the company-owned properties are in the hundred thousands. Not really sure why we're debating if foreigners can sway the market or not - it's considered a fact by the developers and analysts themselves.
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