Leung, Charles Ka Yui; Ng, Joe Cho Yiu; Tang, Edward Chi Ho - 2020 - This version: March 2020
-to-income ratio may be misleading in an economy with almost half of the population living in either public rental housing or … subsidized ownership. Moreover, we re-focus on the relationships between economic fundamentals and the housing market of Hong … Kong. While the aggregate GDP, population, longevity continues to grow, the real wage and household income fall behind. The …