Soaring Hong Kong home prices push first-time buyers off the property ladder

“It is awfully stressful,” says Martin Wu, a 21-year-old University of Hong Kong student and frustrated prospective home buyer.

“You start to think about when the day will come when you can afford your own home and what you will need to do to achieve it. I do not want to say it is unachievable, but when I think about how much I will have to save over the years, I cannot comfortably tell myself that it will happen. It is just the uncertainty.”

Wu, who is doing a…

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