Proportion of young Hongkongers owning subsidised flats halves in 30 years: study

Hong Kong’s young adults are being pushed off the housing ladder, with the proportion of subsidised homeowners aged 30 to 39 nearly halving to 16 per cent over the past three decades, and a mid-sized private flat now costing more than 18 years of an average household’s combined income, a study shows. The “Hong Kong Economic Policy Green Paper 2026”, released by the University of Hong Kong Business School on Wednesday, highlighted a long-term shift in Hong Kong’s housing landscape. Overall home...