Aug

World’s Priciest Home Market Pushes Millennials Beyond the Law

Young Hong Kongers living illegaly in industrial buildings
Surging house prices have pushed city’s rents to record high

Hong Kong’s stratospheric property prices are pushing some residents beyond the law.

A small, but significant, number of younger people are living in industrial buildings, trading comfort and convenience for cheap rent. Along with irritations such as rust-tainted water and intermittent blackouts, there’s one major drawback: Such living arrangements are illegal…

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World’s Priciest Home Market Pushes Millennials Beyond the Law

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