Hong Kong's housing prices have been among the most expensive in the world for 10 consecutive years. Ranking of the world's most expensive cities in 2024: 1. Historical background: the root cause of the abnormal development of the property market 2. Deterioration of economic fundamentals: collapse of support 1. Purchasing power and housing prices are seriously out of touch 2. Rental yields have fallen to a record low 3. Household debt is approaching the edge of danger 4. Mainland economic slowdown and weakening demand 5. Weak local economy and negative asset risks 3. The double-edged sword effect of policy regulation 1....