Why Is It So Hard To Buy A House In Hong Kong
Hong Kong’s property market is notoriously challenging, leaving many frustrated in their quest for homeownership. Sky-high prices, limited land availability, and stringent mortgage rules make it tough. The demand surpasses supply, fueling a fierce competition. As a result, owning a house in this vibrant city seems like an unattainable dream for most. Escalating prices further exacerbate the situation, widening the wealth gap. While the government has introduced measures to address the issue, finding an affordable abode remains an uphill battle in the concrete jungle of Hong Kong.