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MTR can only afford to eat the cost because of the high land prices that drive its profits. People say housing cost is the worst in San Francisco, where it is
by bobthepanda 4y ago
MTR can only afford to eat the cost because of the high land prices that drive its profits.
People say housing cost is the worst in San Francisco, where it is 12x house price to income ratio. Hong Kong has a ratio of 43.5x.