http://www.scmp.com/news/hong-kong/economy/article/2097715/w...
http://www.scmp.com/business/article/2064554/hong-kong-named...
No other developed place / cities poses a problem as bad as HK. If you just look at how it compares to Sydney and Vancouver.
Housing affordability leads to lots of other social problems. And Social instability is the last thing China wants.
It was one reason why I think the recent article on Fouder's salary using data from
https://www.numbeo.com/cost-of-living/
Dont necessary put things in right prospective. The one bed room prices while being cheaper in San Francisco, its Living room is likely bigger then the total size of the one bed room apartment in HK.
http://www.scmp.com/news/hong-kong/economy/article/2097715/w...
http://www.scmp.com/business/article/2064554/hong-kong-named...
No other developed place / cities poses a problem as bad as HK. If you just look at how it compares to Sydney and Vancouver.
Housing affordability leads to lots of other social problems. And Social instability is the last thing China wants.
It was one reason why I think the recent article on Fouder's salary using data from
https://www.numbeo.com/cost-of-living/
Dont necessary put things in right prospective. The one bed room prices while being cheaper in San Francisco, its Living room is likely bigger then the total size of the one bed room apartment in HK.