Some Hong Kong people are selling their homes at a loss amid the coronavirus outbreak. Faltering economy, protracted US-China trade war, anti-government protests and the outbreak of the coronavirus have exacerbated home owners' pessimism of the city's future, reported Domain (5 March 2020). However, some Hong Kongers are weathering the storm. “The main trend is that transaction volumes are down. Some sellers are willing to sell for less than the recent average price just to move on with their lives, but most are holding on and waiting for better conditions,” said Juwai IQI executive chairman Georg Chmiel.