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And, he's not far off the mark. It was indeed his innovation for knowledge and success that prompted Chang — one of Hong Kong's financial services top brass — to quit the trust business arena where he had made his name and tap into the mutual fund market, joining Franklin Templeton's Hong Kong office some 18 years ago.

An outlier in the study is Hawaii. Because of its location far from the US mainland, it is a very expensive place to live. But Hawaii is also a paradise, so it is one example where the high cost is probably worth the price in quality of life.

Andrew Haskins, Colliers International's executive director of Asian research, said, "Looking ahead, we expect China's Belt and Road Initiative to provide an additional incentive for Chinese enterprises to invest in Asian property."

Analysts expected sales to drop 12.3 percent. Consumer spending represents about two-thirds of the US economy.

And now, at age 22, he finds himself watching as the streaming world reacts to Microsoft’s decision to shutter Mixer and join forces with Facebook Gaming.