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BostonUrbEx
02-22-2013, 08:01 PM
Apartments So Small They Can Only Be Photographed From Above

http://www.theatlanticcities.com/housing/2013/02/apartments-so-small-they-can-only-be-photographed-above/4780/

"100,000 of the city’s laborers live in sub-divided apartment units averaging 40 square feet."

Jesus fucking Christ.


I found this rather interesting: "49 percent of the city’s residents live in public or subsidized housing." The #1 freest economy in the world has 49% of its residents living in subsidized housing.

czsz
02-25-2013, 11:09 AM
That's because even "the freest economy in the world" is still constrained by geography. Hong Kong workers can't spread out into Guangdong to find cheap housing -- there's a border crossing to negotiate. Even with the densest development possible, there's just not enough room to build the supply that would make housing affordable for all the workers needed to power HK's economy given what land there is within the territory.

So I'm sure the libertarian answer would be that if HK were fully integrated with China and the "regulation" imposed by the border crossing into Shenzhen eliminated, the number of people requiring subsidies

vanshnookenraggen
02-25-2013, 01:02 PM
Reminds me of How the Other Half Lives.

kmp1284
02-25-2013, 02:21 PM
Not having much money is no excuse for surrounding oneself with such filth.

12345
03-01-2013, 03:38 PM
http://www.bisnow.com/commercial-real-estate/boston/micro-units-to-have-or-have-not/

underground
03-01-2013, 03:44 PM
After a few weeks of leasing, only three of 23 innovation units—and two of the six market rate apartments—remain, Gerding Edlen prez Kelly Saito tells us.

Got to admit I'm surprised. REALLY surprised.