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HK housing ranks as ‘severely unaffordable’

Hongkong Housing market

Hong Kong has the least affordable housing of 87 major global cities, with prices a record 19 times average pre-tax household income, according to a new survey. Housing in the city is classified as “severely unaffordable” in the report by think tank Demographia. The rating was the least affordable ever recorded in the 12-year more »

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