Hong Kong has been ranked as the world’s least affordable housing market for a ninth consecutive year in a global survey released today.
A family would on average need to save up for 21 years without spending a single dollar to afford a home in the city, according to the Demographia International Housing Affordability Study.
That is the longest saving period in the study’s history and beats the previous record of 19.4 years set by Hong Kong in 2017.
Demographia categorised Hong Kong…
Source : South China Morning Post
Read more…‘Nothing to be proud of’: Hong Kong tops the table as world’s most expensive housing market for 9th straight year















