Have a look at the graph further down this article. HK housing is grossly overpriced, getting even more expensive and CX seems to think the solution is to LOWER the overall amount of housing allowance in the company. Tell you what Anna, why don't you solve your housing cost issue in one fell swoop: open the bases. If you are not willing to do that, then you can stuff your moaning about housing costs right up the pipe.
The Global Housing Bubble Is Biggest In These Cities | Zero Hedge