The Hong Kong government/China have been completely inept at managing the housing situation and it is nearly at a breaking point. It is refreshing to read an article on the current situation that raises the issue.
'One of the deeper causes of the present crisis of legitimacy is the housing crisis in Hong Kong, another way in which the government has failed the people it is meant to represent, and you can see it in the extraordinary density of apartment buildings, each unit pock-marked with an air conditioner, tiny living spaces with some of the highest rents in the world.'