Hong Kong’s Peak Neighborhood Is The Most Unaffordable Place To Live

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When we were looking for statistics regarding where in the world is the most unaffordable place to live, we came across a study done by the kind folks at Visualcapitalist.com. These guys have ranked the most unaffordable cities in the world. San Diego ranks 7.3, London an 8.2, Sydney– 11.0, and in second place there’s Vancouver at 11.9. But that’s nothing compared to the top spot– at 20.8, Hong Kong ranks #1 as the most unaffordable city on the planet. And as you can expect, when you are looking at the most expensive city in the world, it’s likely going to contain the most unaffordable neighborhood as well. This is where you will find “The Peak”, and this neighborhood is hands down the most unaffordable place to live. The mansions are exuberant, the apartments lavish, and don’t even get us started on all the billionaires that live here (spoiler alert, there’s a lot, and more and more keep moving in with each passing year). Today we take a look at The Peak, and why it’s so pricey, what there is to do in the area, why more and more millionaires and billionaires are moving in, and they astounding amount of security measures that the neighborhood has taken to keep this area as exclusive, and safe, as possible. Let’s take a look inside, and if you are in the market for a home, and like what you see, well, just be warned– you’d better have saved up a few million… or even HUNDREDS of millions, of dollars.

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00:00 Intro
00:46 Why is this the most expensive place?
02:23 Who lives here?
03:37 What are the homes like?
05:17 What can you do at The Peak?
06:15 Security is tight
07:26 Final Fact!”

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