This city has some of the world’s most expensive rents. Some live in ‘haunted’ houses to cut a deal

Hong Kong property prices plunge by an average of 20% after they are labelled haunted – and up to 34% in the event of a murder, according to one study Nora Tam/SCMP/Getty Images Hong Kong —

In land-starved Hong Kong a tiny, no-frills apartment far from the city center can eat up half of a monthly salary. But for bold renters there’s one sure way to get a discount: choose a property haunted by a murder or unnatural death.

The houses, often apartments inside the city’s tall residential buildings, strike so much fear among residents that anyone willing to live there can negotiate hefty discounts in one of the world’s most expensive property markets.

“The discount could be massive and many people who don’t mind can rent these places below the market price” said Ng Goon-lau, an invest