They certainly are in plenty of neighborhoods - especially compared to other cities in China.  The thing is that despite the tall buildings there isn&#x27;t actually that much supply on HK island itself because it&#x27;s so tiny. Still, I think there&#x27;s a much bigger range relative to overall quality of urban life compared to, say, SF.  And things get a lot more affordable across the harbor in Kowloon and in the New Territories. Though, even there it&#x27;s probably not cheap compared to most cities in mainland China.<p>I&#x27;m far from an expert on this though, and maybe I&#x27;m off base here. I&#x27;ve just spent time there and looked at real estate and been struck by how not impossible it was to find reasonable places at reasonable prices compared to the Bay Area.