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- Published on: Wednesday, August 15, 2018
- When houses are the size of parking spaces.
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With original music by Tom Fox: https://m.soundcloud.com/user-416166523
Hong Kong is the most expensive housing market in the world. It has been ranked as the least affordable housing market on Earth for eight years in a row, and the price per square foot seems to be only going up. The inflated prices are forcing Hongkongers to squeeze into unconventionally small spaces that can affect their quality of life.
Tens of thousands of Hongkongers are living in spaces that range from 75 to 140 square feet. To put that in perspective, the average parking space in the US is about 150 square feet. And in the most extreme cases, Hongkongers have resorted to homes the size of a coffin.
I spent some time exploring the living situation in Hong Kong to find out why housing has become so expensive and spaces so tight.
To understand how Hong Kong’s housing market turned out this way and see how it’s affecting people’s lives, watch the final episode of Borders Hong Kong.
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Vox Borders is an international documentary series by Emmy-nominated producer Johnny Harris exploring life at the edge of nations. For more, visit vox.com/borders.
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Vox
a years ago +1976Cage homes are just one fascinating product of Hong Kong's unique composition and history. For more check out the full Vox Borders Hong Kong playlist here: http://bit.ly/2OIuyUb
night time television
7 hours agoSci fi is real
Nostalgic Waves
7 hours agoThe pods are a nice way of replacing the cage. Though it doesn’t have any room for your stuff. If only they could make them a bit bigger for storage then it would be a perfect solution. I remember Deus Ex revolution having pods as homes in Hong Kong. Kinda neat
personacualquiera2
11 hours agoNow i know a little more that is happening in Hong Kong
T-Mass
14 hours agolol why would you want to live there anyways?
Christian Anthony C
yesterdayWow fascinating
满江红
yesterday安得廣廈千萬間大庇天下寒士俱歡顏
Mayank Pant
yesterdayBasically these are hostels for adults
Isee no wrong here
Jodh Jassal
yesterdaySouth Korea no matter how I think about it is really depressing and now I may be wrong but I'm just going off what I've seen
Anthony Mendiola Navarro
yesterdayInterest of the people is the interest of the market, it's the only reason why there is a market. The market cannot cross that jurisdictional boundary like it wants to but the government prevents that.
Shy Guy
yesterdayHope these homes protect you from the Coronavirus
greenbanana1001
yesterdayI feel a lot more grateful for my. Apartment
Miami Gaming Hoodie
yesterday +2Hundreds of thousands of people living in cages with almost no possessions. Disgrace to humanity
George Carpelan
yesterdayYeah, cause communism is the actual threat to Hong Kong. Jesus Christ, grow up bootlickers.
Li 123
2 days agoHong Kong is rich, but the cost is that grassroots citizens have to deal with high housing prices for a small residence.
Btw, wealthy people there are having an entirely different experience.
Scott J
2 days ago +1wow.. bernie sanders needs to go to Hong Kong and help them out
ELITE SNIPER
2 days agoI thought Monaco had the most expensive real estate at 48,000 per square....... Meter. How is this more expensive?
Martha Perdew
2 days agoI live with my youngest son and his wife and kids, I have a room ,food ,medicine heat and AC and people who love me ,I can't complain
Nisha
3 days ago"Freest economy on the world", with people living in boxes? What's to be proud about the free economy, if people are living worse off than animals?
This is an artificially created situation and no one is protesting against this? Seems to me, after a while people get used to or accept anything. Even such indignities, as if it were their fate.
Sham Spams
3 days agoHalf the towers you see when you enter Hong long are in great shape but are abandoned