Property News · January 29, 2019

When it comes to soaring housing prices, Amsterdam and Auckland outstrip Hong Kong’s 38pc growth


Hong Kong has been named one of the least affordable housing markets in the world along with Amsterdam, Auckland and Vancouver in a study that showed housing affordability has shrunk considerably worldwide.
Hong Kong saw real price growth of homes surge 37.6 per cent over the past five years up to September last year, with growth in real disposable household income edging up a mere 3 per cent in the same period, according to international property consultancy Knight Frank’s Global…

Source : South China Morning Post
Read more…When it comes to soaring housing prices, Amsterdam and Auckland outstrip Hong Kong’s 38pc growth