Aug

Hong Kong Housing Burden Grows Even Heavier as Home Prices Soar

Mortgage takes up biggest proportion of income in 19 years
City’s housing prices highest on record: Centaline Property

Living in the world’s most-expensive property market means having to set aside more than half your income as mortgage payments. Hong Kong’s mortgage-payment-to-income ratio rose to 54.2 percent in June, the highest since 1998, figures from Centaline Property Agency show…

Categories : Real Estate

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Hong Kong Housing Burden Grows Even Heavier as Home Prices Soar

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