With the Coronavirus taking centerstage in everyone’s lives in Hong Kong and around the world and coming on the heels of last year’s widespread social unrest throughout the territory, the city’s local real estate market in 2020 has been decimated—or so some industry pundits have been saying. Yet, despite the dire warnings about an imminent housing collapse that would seem to scare people away from buying new homes, the reality on the ground reveals signs pointing to the contrary.