3 ms·
I'm basing my judgment on hearsay. I was under the impression that HK property prices were through the roof, so I stand corrected.
by msvan 11y ago
I'm basing my judgment on hearsay. I was under the impression that HK property prices were through the roof, so I stand corrected.
- skewart 11y agoThey certainly are in plenty of neighborhoods - especially compared to other cities in China. The thing is that despite the tall buildings there isn't actually that much supply on HK island itself because it's so tiny. Still, I think there's a much bigger range relative to overall quality of urban life compared to, say, SF. And things get a lot more affordable across the harbor in Kowloon and in the New Territories. Though, even there it's probably not cheap compared to most cities in mainland China. I'm far from an expert on this though, and maybe I'm off base here. I've just spent time there and looked at real estate and been struck by how not impossible it was to find reasonable places at reasonable prices compared to the Bay Area.
- deleted 11y ago[deleted]
- ksec 11y agoThe price are through the roof, and you have to compare it to Median salary. The price per Square Feet / or Square Meter is expensive. Of coz if you are working in Hong Kong as a wealthy individual you would have no problem enjoying everything HK has to offer. This is the same as any other place in the world. https://twitter.com/FIVRE604/status/697822416894951424 https://twitter.com/FIVRE604/status/697822416894951424 You have to also include the City and State difference. Vancouver has a problem with Median Salary to Housing price at 10, and Sydney is at 12. Hong Kong is 19. Which means if HK property prices dropped by 50% it will still be around the same level as Vancouver.......