Researchers say property prices have outgrown the salaries of young people in Hong Kong. Photo: Reuters

Property purchasing power of Hong Kong’s university graduates only a quarter of those 30 years ago, thanks to high home prices

  • Researchers say speed at which home prices have outpaced salaries of young people is ‘terrifying’
  • Problem stunts development of various industries, particularly innovation and technology sector, which in turn makes it harder for wages to catch up
Topic |   Hong Kong housing

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Researchers say property prices have outgrown the salaries of young people in Hong Kong. Photo: Reuters
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