I take it Ikea is the major employer in town? It sounds like they treat their employees well, which is good because their products are very affordable, so I can't imagine their margins being that very high.
The property market in Hong Kong is and always has been very crazy and fluctuated a lot, and I'm sure it will collapse one day when China falls.
In terms of living conditions, I'm with you, I'd much prefer a house, preferably with a little garden rather than being stuck in a flat all the time. I think my friend finds it easier to settle down in a flat because he's used to it.....
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Yea IKEA is definitely the major employer in town. The population doubles during working hours as people commute to Älmhult. It’s kind of scary in a way when a town is too reliant on one company or one industry.
If IKEA were to say that they are
Moving their head office tomorrow the housing prices would fall real fast.
It been a blessing to live in a house during the pandemic, having the garden as a free zone and plenty of space inside where you can hide from the wife when needed so you don’t drive eachother nuts.