Hong Kong property is the most expensive in the world. It is not surprising, then, that the proportion of people who rent their homes is rising. Census data shows that in 2006, 52.8 per cent of homes were owned or mortgaged by the people living in them, while 43 per cent were tenants. By 2016, 48.5 per cent of homes were owned by occupants, and the number of households renting had increased to 46.8 per cent.

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