Hong Kong Has the Most Expensive Housing

Hong Kong has the most expensive housing. The average price for a city apartment is $27,753 per square meter.

The city's quality of life ranking went down to 55th from 48th last year due to high costs and pollution.

High costs and pollution hurt the city's score.

A photo shows major buildings in Hong Kong, including the HSBC headquarters.

Hong Kong is still popular with investors and rich professionals.

The report says the richest cities are not always easy to live in.

Singapore's average apartment price is $22,933 per square meter, down from $23,595.

Seoul is now third, with an average price of $23,545 per square meter, passing Singapore. Zurich and Geneva are in the top five.

Only Zurich and Geneva are in the top 10 for quality of life, while Seoul is 31st.

Singapore is 40th for quality of life. The city has affordability issues like New York, where rents are very high.

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