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2016-07-08
Consider this before buying fire insurance with your mortgage
In late June 2016 Mercer, one of the world’s largest business consulting firms, released the 2016 version of their annual Cost of Living report . Unsurprisingly, the city at the top as the most expensive place to live is Hong Kong. While there are a number of drivers behind this ranking, it is real estate that is the single biggest reason Hong Kong is so expensive to live in. These days, if anyone wants to purchase a home in the city, they are going to have to take out a mortgage. If you are considering purchasing property in Hong Kong there are a number of things you need to be aware of when it comes to your mortgage, including how it links with fire insurance.









