Reported 8 months ago
A survey shows that Hong Kong's homeownership rate is only 51%, making it the most unaffordable housing market in the world. The 'International Housing Affordability Study' reflects the difficulty in purchasing homes in various countries, with Hong Kong, California, and Hawaii featuring prominently. Factors such as extremely high property prices and small living spaces contribute to Hong Kong's ranking. Other cities in the top ten include Sydney, Vancouver, and San Jose.
Source: YAHOO