Housing Costs in Hong Kong
"Housing costs are astronomically higher in HK than in the USA. I can't really say what the average cost is, as there is a large range depending on the neighborhood and size of the apartment. But it is much higher even than, for example, NYC. Most companies will subsidize housing, at least partially, even if you are a local hire,"
said another expat in Hong Kong.
"Substantially higher. $40,000HK gets you around 2000 plus feet per month depending on location,"
remarked another in Hong Kong.
"Housing costs are much higher here. For the price of this flat, I could just about get a mansion in England. Our flat (3000 sq ft) here is not in one of the better locations, but it still cost 6,000,000 Hong Kong dollars in 1989. I am told I could get about 10 million for it now,"
explained one expat.