A shortage of developable land have pushed Hong Kong's housing prices skyward, leading some to live in spaces the size of closets.
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Matt Manish's curator insight,
February 16, 2018 8:35 PM
The photo gallery in this article helps to give an accurate depiction of the housing crisis in Hong Kong with many people living in units that are 4 by 6 feet. Many families have to live in separate units because they are so small and can't usually fit more than one person. The bright side of the housing crisis in Hong Kong is that these "coffin homes" allow people to live in the major city at a cheaper cost, although it definitely comes with a hefty price with such tiny living quarters. The future looks positive though, as Hong Kong promises to build over 400,000 new homes over the next decade. This will help improve the housing crisis and hopefully phase these "coffin homes" out of existence once and for all.
Richard Aitchison's curator insight,
March 29, 2018 9:31 AM
Now this is a major housing crisis. I thought apartments in NYC were small, but nothing like this. In Hong Kong they have what is called "coffin homes" they are stacked on top of each other to try to fit as many in as possible. With increasing population and just 7% of the land properly zoned for housing it caused a major crunch in the housing market. Currently prices are going for $1,350 per square foot. Obviously this is a major problem and causes living conditions to be brutal especially for the elderly or for families that have to split up due to space. So what to do to fix this problem? Well one would say just make more land available for housing, well that comes with problems as well. There probably is a reason that there is limited land for housing due to geographical issues. So yes we can build more homes, but would we run into new problems such as natural disasters that cause more debt for the people in the country. There definitely needs to be a solution for these people, but it might not be so simple. I will never go back to NYC now and say how small the apartments are, because well you could be in Hong Kong.
Zavier Lineberger's curator insight,
May 2, 2018 9:17 PM
(East Asia) Unlike Singapore's regimented government housing, Hong Kong faces a severe housing crisis, forcing hundreds of thousands of people to live in tiny 4 by 6 foot homes. Hong Kong has a population of 7.3 million but only 7% of the city is cleared for housing. Therefore, landlords have to get creative. Stacking these "coffin homes" one on top of another is a great way to save space while providing the bare minimum housing. The coffin homes, little more than closets, have no windows or room to move around. Skyrocketing housing prices have caused extremely dense buildings as the elderly, disabled, young, and poor are forced to move in.
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