HK is far and away the #1 least affordable housing market ranked by housing cost divided by median income.
18 years of the current median income is required to buy a home in HK.
That is your entire income going towards housing for 18 years if you don’t eat, use electricity, pay taxes, etc.
Not including interest on a mortgage.
Sydney Australia is in second place with 13.3 times their median income.
Vancouver, Canada is third with 12.0
200 sqft for roughly $1800USD, it’s insane how expensive things are. A city of 7 million + people, there’s so many people living below the poverty line and/or in single rooms or mutligenerations in a signle home