Hong Kong's Young Adults Priced Out: Home Ownership Halves in 30 Years

A new study reveals a dramatic collapse in home ownership among young people in Hong Kong. The proportion of adults aged 30 to 39 who own a subsidised flat has nearly halved over the past three decades, falling to just 16 per cent. The research, published in the "Hong Kong Economic Policy Green Paper 2026" by the University of Hong Kong Business School, highlights a major long-term shift. It shows young adults are being pushed off the housing ladder. The cost of a mid-sized private flat now requires more than 18 years of the average household's combined income. This severe affordability crisis is a central finding of the report. Overall home ownership rates in the city have also stagnated. The study points to this as a key challenge for Hong Kong's economic policy and social stability.