Tuesday, November 11, 2014
IMAGES OF INEQUALITY
In the world today, you can’t get much more unequal than Hong Kong, a city that hosts 45 billionaires and home prices over twice as unaffordable to average families as residences in New York. How tight has Hong Kong’s squeeze become? Billionaire Li Ka-Shing’s development company is now marketing to Hong Kong’s beleaguered middle class condos that stretch all of 177 square feet, not all that much bigger, the South China Post helpfully points out, than the size of a typical solitary confinement cell in Hong Kong’s Stanley Prison. Only $232,861 each.
from here
Labels:
hong kong,
inequality
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