Here’s the deep analysis of Hong Kong housing market..
<p>When you hear about Hong Kong (HK), what comes up to your mind first? Gourmet food? World-class skyscrapers? Riots? Or freedom?</p>
<p>But what comes to an econ student’s mind is its sky-high property prices and competitiveness.</p>
<p><strong>Nowadays, USD$1 million can only get you a 226 sq.ft apartment in HK.¹²</strong></p>
<p>HK ranks as the top 10 most expensive cities in the globe and gains notoriety for its sky-high property prices. ⁷Nowadays, housing accounts as the largest purchase in people’s life. Especially in traditional Chinese culture, owning a house is seen to be a necessity to many.</p>
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