Hong Kong has retained its ranking as the least affordable city in the world to buy a home. Photo: EPA

Hong Kong the world’s priciest home market for the seventh year

The city’s apartments cost 18.1 times gross annual median income, Demographia said in its survey of 406 cities. Any region with a median multiple exceeding 5.1 times is “severely unaffordable”

Topic |   Hong Kong property

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Hong Kong has retained its ranking as the least affordable city in the world to buy a home. Photo: EPA
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