Hong Kong’s millennials are becoming better represented in the home buying market, despite the city having the world’s least-affordable prices, taking up one in three new mortgages this year, a new report shows. Photo: Nora Tam
Hong Kong’s record property prices push more millennials into mortgage debt
The city’s young people are taking on more debt amid record home prices, with a lot of help from dad and mom
Hong Kong’s millennials are becoming better represented in the home buying market, despite the city having the world’s least-affordable prices, taking up one in three new mortgages this year, a new report shows. Photo: Nora Tam