Why Hong Kong is the world's least affordable city

What has been a significant factor in making Hong Kong the least affordable city to live in?

• Limited public transportation

• High local taxes

• Rising interest rates

• Increased foreign investment

What has been one of the main beneficiaries of the global flood of cash generated by quantitative easing?

• Property markets

• Technology stocks

• Commodities

• Cryptocurrencies

Why does Hong Kong have a limited supply of residential properties?

• Strict government regulations

• Environmental concerns

• Lack of space

• High construction costs

How does Hong Kong control the value of its currency?

• By adjusting local interest rates independently

• By pegging it to the US dollar

• Through frequent currency devaluations

• By using a floating exchange rate

What is a unique characteristic of Hong Kong's mortgage market compared to other world cities?

• More than half of properties do not have an outstanding mortgage

• Interest rates are lower than the global average

• The loan-to-value ratio is generally higher

• Mortgages are typically paid down within 30 years