From bankers to cage-dwellers, HK feels property price squeeze

In a cramped space on the fifth floor of an old industrial building in Hong Kong, Huang Shaochang and his wife live in some of the priciest real estate per square foot in the world – a 35 sq ft room with a bunk bed and small TV. Sky-high property prices forced them into these squalid conditions …

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From bankers to cage-dwellers, HK feels property price squeeze