The index lists the housing affordability ratio for last year at minus 4.91, down from minus 3.49 the year before and the lowest in the 12 years since the index was first compiled. Photo: AFP

14 years to buy a flat: Quality of life in Hong Kong going down, shows survey

Why city’s quality of life is getting worse, starting with inability of the average household to afford to buy even the most modest of homes

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The index lists the housing affordability ratio for last year at minus 4.91, down from minus 3.49 the year before and the lowest in the 12 years since the index was first compiled. Photo: AFP
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