COVID-19 In Hong Kong: Plight Of The Poor In One Of World’s Richest Cities | Insight | Full Episode
Вставка
- Опубліковано 30 лис 2020
- Hong Kong is regarded as one of the world’s richest cities with 96 billionaires controlling almost 300 billion of the city’s wealth. But Hong Kong is also one of the most unequal cities in the world in terms of income levels and the wealth gap is widening between the rich and the poor.
Today, 1.4 million out of 7.4 million people in the city live in poverty. They live mostly in tiny subdivided flats or caged homes due to skyrocketing property prices and the lack of affordable public housing. The situation has been made worse by the current recession and COVID-19 pandemic. Will the poor of Hong Kong be able to survive the impact of the pandemic? And is there a way out of the seemingly endless cycle of poverty?
For more great INSIGHT into the top issues affecting Asia: • Insight
==========================
ABOUT THE SHOW: Insight investigates and analyses topical issues that impact Asia and the rest of the world.
==========================
#CNAInsider #CNAInsiderInvestigates #InsightCNA #PovertyInAsia #HongKong
For more, SUBSCRIBE to CNA INSIDER!
cna.asia/insideryoutubesub
Follow CNA INSIDER on:
Instagram: / cnainsider
Facebook: / cnainsider
Website: cna.asia/cnainsider
For greater INSIGHT into the top issues affecting Asia: ua-cam.com/play/PLkMf14VQEvTaHr6oTqYbWqKOsmcveuhca.html
MORE videos about this issue, please CNA. Thank you.
The captions are not clear
I don’t know who else feels the same way, but I felt an immense respect for the cardboard grannie that stay determined to work for her own at age 95. Life is hard yet she stayed strong, not easy in our fragile era.
Spot on! I so agree with you.
Just to make clear , Hongkong take good care of elderly....don't worry.
Same in Singapore. 88 year old still working as cleaner at airport and contracted Covid-19 from airport passengers.
“Fragile Era.”
@@chiwahcheung4483 ehhhr...no, not enough!!
"You can choose eating cheap food, but rent is a regular expense." this is so true it's hard.
I would have thought that the landlord would be understanding and lenient as the economic problems are obvious. Landlords should have been asked to drop rents and not allowed to increase them for a few years.
@@sword7872 The landlords are leveraged up to the neck too. They'll go bankrupt without their rent income and the pandemic is causing pressure at all levels.
@@canto_v12 Poor landlords 😭
@@canto_v12 these cage homes was it not there before the pandemic? 230usd/mth for a space of 3 by 6, multiply by 19. Pretty certain the landlord is making more than double of what he's paying for the unit. A unit of 430 sq ft in that area probably cost between 13K to 18K/ hkd a month? Feel so sad for this ppl.
@@moiwen6403 not denying that.
I wish these type of documentaries will include how people can help the people shown in their stories instead of just leaving things open ended.
This documentary is produced specially for carrie lam.
@@chrislee4485 That's bullsht! This problem has been there since forever, the result of pure capitalism on display.
Well, if there can be simple, *practical* solutions in such a "laissez faire", capitalistic society where the government's major revenue is from leasing land out to developers, tourism and business services, all tertiary yet they make up a disproportionally large part of GDP, another critical problem the HK government should have solved, could be implemented with ease we would all be living in Upotia now would we not?
The problem is there is no simple solution for this help. Society and HK government neglected these people even if they are hardworking individuals. So sad....
yes
sure
One of the saddest things is that there is so much unused land in Hong Kong, that could be used for housing for the poor. It’s so sad to see the HK government neglect these people. May God help them. The whole situation in Hong Kong in general is so sad and unfortunate.
It's not technically the government's fault. There were multiple plans since the handover to build more homes. Tung Chee Hwa wanted to do it initially but was unlucky that Economic crisis happened the day after the handover. Then, Leung Chun Ying and Carrie Lam both have plans to so as well, but they were either faced with objections from the pan-democratic parties and private developers. But, as you have said, currently less than 30% of the land is used, which is bizarre. By opening up 3% of the land, you can already build tall buildings that can house thousands. And that's not what the property developers want.
any time they decide to build new areas. 99% of it is designated as commercial. 1% as residential. and that 1% is divided into such small spaces it's inhumane. just to make a fat profit. ew
They need public housing scheme like HDB
Why not send them the Poor and all over to a place like Australia, which is 1000 times larger than Hong Kong where people live like sardines in a can. Speaking of Australia, may I ask why is this vast resourceful Continent in Asia-Pacific, only a few hundred miles away from South-East Asia had no Asian-Pacific Islanders in that vast land originally, historically inhabiting when Anglo pirates, some 10,000 miles away England, sailed half the world away, and looted in late 18th century? This doesn't make sense, since Asian-Pacific Islanders originally and historically inhabiting and residing in Pacific such as Guam, Tonga, New Zealand, Tahiti, Fiji and Hawaii? Speaking of New Zealand, why did these same Anglo pirates, sailed halfway around the world and looted in the late 18th century? Why didn't they occupy beautiful fertile Iceland, right above them just a short distance away, with hardly any people there, even today?
More at, blog.chinadaily.com.cn/forum.php?mod=viewthread&tid=711807
@@rottenrobbie8466 You're on point. Australia, a giant resourceful Continent in Asia Pacific region with a mere 26 million population, which is 1000 times larger than Hong Kong where 6 million people live like sardines in a can. Much thanks for, blog.chinadaily.com.cn/forum.php?mod=viewthread&tid=711807
Condescending government official assuming the elderly don’t need help. These elderly worked hard to build the society. They deserve better than this.
Forget about it, hk is run by cpp now, they don’t care
@@johnyuyu5953 what the hell??? isn't the HK government that controlled by "pro democracy activists" who work for the rich?
@@jznn8218
What the hell? ????...? Are you so naive thinking cpp got nothing to do with controlling hk government ?
@@johnyuyu5953 This problem existed long before Hong Kong's handover back to China and the pro-democracy faction in the legislature blocked the government's effort to build affordable houses for the poorest people in Hong Kong after the handover. Why are you lying on such a thing when it is easily googled?
@@rogerfaint499
First, I am talking about the overall situation in hk. Not just housing problem.
Houses have always been expensive, but get even worse in recent years. Why? Part of the reason is that rich people from mainland flooded hk and buy off properties.
Why are you such naive, while what cpp has been doing are so easily searched on google?
Gosh breaks my heart, 95 and walking the streets all day. She should be looked after x
What a misery and injustice for the old esp. Chinese people are hard working, but to
refuse Government help? It is not the truth, is it? Should the Government not give everyone a basic state pension at least at 60, 65, 70??? so they can survive. And if they want to earn a bit more to boost the income(US$6 per day? may be not everyday? Have a rest.) they can do like many other countries.
It is disgusting - where is human rights when you need them?
It is people you should care about, their well beings. Their basic rights.
It will be better to shop lift and put in jail and be housed and fed. No blame there!
Five children and they allow this life for their own mother, god save their souls
@Zerevv tbf? Really so you think life is harder now then 70 years ago when their mother was raising five children, hahahaha
Then you should really look at situation in Africa. They don't even have enough food to eat.
@@xxxcool2565 as they are starving in North Korea too, we can't help them though. But I thought better of this country, 95 and walking the streets, just disgusting
Poor lady. I wouldn't let my mother struggle like that even if she doesn't want my help. Is very upsetting she should be resting and kids should take care of her. I have so much respect for this old lady and I hope she keeping safe during this hard time.
i'm amazed of the old lady collecting cardboard. when my dad turned 75 years old he could not walk upstairs anymore and his health deterioated more over the years. the cardboard granny her mind still seems very sharp at 95 years and she can hear fine when people talk to her. i think she should get a job telling people how to stay healthy or what it was like being a teenager a long time ago.
This is so hearbreaking especially for our elderly. Seeing them in that living condition made me sad.😥😥
I have been watching videos of coffin houses in Hong Kong for the past 10 years on youtube and it seems as if nothing has improved
Hong Kong has never been a spacious place for the average person. Back in my parents' generation, their public housing still had communal toilets and wash stations, and entire families shared rooms. Birth control wasn't really a thing so families tended to be large and poor too.
not only that, its getting worse.. theres a reason why the city is growing impatient with a government that spend all their focus on pleasing PRC over serving the city.. the pandemic is putting more people into coffin houses due to people losing their jobs and landlords increasing rent due to the increase in demand
@@denyfate Can you explain how coffin homes are for "pleasing the PRC"?
@@denyfatesay hello and thank you to Mr Li Ka-shing (李嘉诚)。
No improvement under HK's government, HK needs to be controlled by China. China would not tolerate such poverty.
Watching this kind of documentaries makes me realize how blessed I am and my family. We have our own home to live and money enough to survive. I feel sorry for those who live in "The Coffin Homes" So heart breaking to watch! :(
Blah blah blah. Youre elevating yourself too much! Shame on you!
Don't get too comfortable. At the rate this world is moving, it is only a matter of time that we will be facing the same crisis. This is not only a problem in Hong Kong....just saying
@@cd3881 You're right. In 2021 and 2022, there are massive waves of evection and rise of homelessness, globally. I see it in many countries, including my own.
The rich keeps getting richer, while the working class's life keep getting more and more miserable
HK is 第3世界
None of her 5 kids felt guilty leaving their 95 yrs old mom on the streets. And she also got fired from her old job because she chose to take care of her sick child..
Smh I couldn’t do that to my mom
@@karlag8671 Karla I know one who took her mother social security to go on vacation karma will come for her one day 😉
I thought I am having my hard time in life but after I've watched this I realized I'm still lucky and thankful to God.
Its not thankful to any kind of god honey, its because you have either been born into privilege, or you have a skill that can be milked by the rich elites. If you didnt, you would be right where they are. The problem is capitalism.
Suffer is suffer. If you feel better looking people who do worse, you gonna feel worse watching People doing better.
@@nevadataylor Capitalism bring modern era. The problem with Capitalism is the unlimited growth filled with greed. Maybe deflation and GDP reducement is not bad.
@@CuriousConnoisseurs Why have an economic system that pits us against one another in the first place?
@@aliefr2984 What do you mean capitalism brought in the modern era? How do you know it was capitalism, and not Science, or the discovery of big oil, like I claim?
History shows that capitalism didnt do anything for us for maybe a hundred years or more, after which we discovered oil, and then Science made good use of that oil, and then capitalism was modified to siphon this wealth of the industrial era to the rich elites. Lets be clear here, the rich elites have done, and will do everything in their power to rig markets, purchase government officials, etc in order to secure their wealth (forever if possible). Panama Papers anyone?
Not to mention, if we were back in the late 1700s in Feudalism (before capitalism) can you imagine someone saying, "Feudalism brought in the modern era". This kind of thinking infers that there wont be anything after capitalism, which is just false, well unless the human race were to end because of it (capitalism exacerbates climate change too).
Furthermore, capitalism has become what some economists are starting to call NeoFeudalism. By the Science, inequality levels are greater than what they were during feudalistic times.
"The problem with Capitalism is the unlimited growth filled with greed."
They have been talking about this problem for years..... Nothing happens, just talk and talk and talk and ....... Sigh....
I believe the gap shouldn't be so huge in any country in the world, because they are still human, it is not fair.
Carrie Lam only listens to Beijing, not to HKers. If Beijing tells her to build more affordable housing, you can bet she'll do it right away.
@@twist777hz China is the main reason for their housing prices.
No, high house price is the result of property owners in HK. 20 years ago, hk government had a plan to build 85k affordable housing every year.. but guess what it got rejected by the hk people because it will drive down the house price
@@Liang42087 "In the 2017 to 2018 fiscal year, the government earned 26.6 per cent of its total revenue from land premiums and a further 15.4 per cent from stamp duties collected. " source: CNA
Who is the government in HK?
I lived in a noisy college dorm and found ear plugs worked great. It is sad that 19 people live in one space yet none of them get to know each other and become friends, which would cost nothing. It seems this isolation is the worse part of their situation.
i hope the interviewers offered compensation for the interviews. :(
I hope they get compes
Shui Lai looks healthy and active for 95 years old. Good for her. Not asking for help or handouts, so much dignity. Respect.
My mom is 74 retired living her best life I couldn’t imagine her living on the streets god bless the 95 yr old thats a shame😔
Life isn't easy for those who are poor.. In a rich nation like Hong Kong. The wealth gap is too wide..
I travelled regularly to HK and sadly this goes beyond the covid. Much of this poverty existed already, a combination of poor government infrastructure (healthcare, housing, superannuation, etc) and dramatic drop of international travelers for decades have ravaged the normal everyday lives of HK'ers.
So sad to see the elderly ladies work so hard. But you have to admire their strength in character and independence and refusing to accept government aid.
I hope your guys paid him a nice hefty fee for doing this interview. So he doesn’t have to struggle so badly.
How can a country considers it self prosperous when it neglects the elderly and the poor.🤦♀️
That’s the sad thing of capitalism.
“Billionaires controlling asset worth billions of dollars”...... hahaha, duh!! What a funny way to start
:D
true the caption is exagerated
Imagine a "billionaire" with less than $1B of assets. Lmao
The rich in HK fund the riots.
Thank you CNA Insider for this insightful - but disturbing broadcast. While all the people featured touched me, I was especially moved by Mr. Lam. I would certainly like to know how he and his daughter are doing now. I extend my thoughts and prayers to them all. Again, thank you CNA. Be safe 🙏
I personally adore HK, but really cannot understand how come in such rich & glamorous city someone who is 95 must keep working in order to simply survive... That’s unacceptable!! It shows something is deeply wrong within the system 😢
Low taxes which businesses love. The people are indirectly taxed by inaccessible housing prices.
It was her choice to keep from getting bored.
Because she earned very little throughout her life
It’s heartbreaking to watch these type of documentary, in fact visited Hong Kong twice in 20 years and 10 years ago, this country was flourishing. Thanks CNA does this documentary so that we will appreciate with what we have now while there are people actually suffering so hard on the other side of the world
Man this breaks my heart, unless they want to, seniors should not still have to be working.
Why would you want to work when you don't have to?
@@MargaritaMagdalena theres many old people who WANT to keep working even though their kids pay all their bills. They want to feel useful and strongly believe as my grand parents say “if i stop moving then i will die”.
@@cortezyvonne That's silly.
I'm hyperventilating just looking at those coffin flats
Its takes a strong person with nothing to help another person with nothing😔 I hope it gets better for them, that’s nice the 31 yr old volunteers helping others when he is struggling as well
back in 2016, i met a man working in Hongkong and his apartment can only occupy 1 single size bed and cost 600 us d.. crazy expensive
The rich become more richer! It's been long years already that they are talking about it.
Hong Kong has became such a depressing place to live in.
There are areas in the U.S. where similar things drive up the housing market. The difference is we have areas of inclusionary housing which is subsidized by various taxes. Even with these measures we have to constantly stay vigilant--greed and corruption creep in very fast. Stable housing is extremely important. I feel and know this struggle. It can crush you to be homeless.
Sad. Almost every cities in this world have this kind of low cost housing.
One of her kids could help her. I mean...she is 95 years old.
Not everyone has kids and not every kid turns out alright.
@@PJgalz1Kids may also be poor too.
Her kids are in worse situation than her!!!!!
Not everyone has kids.
@@PJgalz1 And not all parents are good to their kids
I used to live in Hongkong for less than 3years I feel sorry for this people. The reason why most of them end up suicidal because of this situation.
Have you ever played Monopoly? It's a board game designed to teach kids capitalism. What happens at the end of the game? The winner has all the money, and everyone else has nothing.
That’s the Hong Kong of the past and present. Hopefully strengthening ties with their motherland will help lift the poor from their life of abject poverty.
According to Premier Li Keqiang China has over 600 million people whose monthly income is barely 1,000 yuan (USD 140) and their lives have further been affected by the coronavirus pandemic.
Motherland? All the "Motherland" wants to do is stifle people's freedoms and suppress their rights. The entire game plan of the CCP is to turn HK into another faceless Chinese city and erase its history.
Paul Chan, the Financial Secretary of HK , owns several properties that had been illegally subdivided and leased to poor people. Would you expect a guy like this to improve a living condition for poor people?
This is sad, very sad. It hurt me to see people living like this. This is all wrong in so many way.
It's a universal responsibility to think twice before having kids 🤔
SoTrue they Destroyed my life
the lady collecting cardboard saddens me...she shouldn't be doing that work especially for 6 dollars....she should be retired and enjoying life...government needs to step up for elderlies in her situation :(
Thank you for this video
Sad to see one of the most iconic cities in such situation. Love from Bolivia
Heartbreaking😢😢😢
I wish all the Rich people in Hong Kong would try to help these people.
Why? The rich, and government too for that matter, are only following the intrinsic flaws laid out by capitalism. The problem is the system of capitalism.
You are right! There are many Billionaires in China! But I don’t think they donate to any non profit or poor people , their own people ! I can not watch this! It just break my heart! I realized how lucky I am to be living in the United States!
@@saralee8459 billionares in the US donate only to avoid taxes. the benefit of the US tax system. so it's just a publicity stunt.
in china you can donate. but you will still be taxed. so why pretend in public?
@@saralee8459 Always be thankful in what you have......
The rich also work hard to earn money , it didn’t fall from the sky .
Good job thanks information
what is with the ring tone for getting "text message on your phone" doing in there. I've heard it twice so far and I kept checking my phone lol.
Same 😂 I thought I got at unknown device at home lol
Me too! 😆
She has 5 children and NONE is supporting her? That is RIDICULOUS & sad.
🥺 Some of us are not trying to get rich we are trying to get by. It’s hard for me to understand how greed can drive nations and economies down. 🙏🏽
Sze is such a beautiful soul. An Earth Angel 🙏🏼❤️
Watching this during the fourth wave :(
This is heartbreaking. I lived and worked in Hong Kong for 20 years - not on an expat package but with my own business - and I loved the city and the people I came into contact with, be they customers, associates or friends. The government is overpaid, privileged and ignorant of the people's needs or circumstances. You need only look at the nepotism of Chief executive CY Leung and privilege of Carrie Lam and corruption of Donald Tsang as proof of this.
These thing doesn't happen in Hongkong only but all over Asia
All over the world
It is absolutely disgraceful and shameful when families refuse to look after their elderly relatives - there should be a world wide law that jails them for elderly abandonment. As for the affluent, how can they (with their money and power) turn a blind eye to the desperate need right in front of them? I have the utmost respect for "ordinary" people and organizations who put effort in alleviating poverty. Anyone can contribute something to help those around us who suffer. This world is utterly depressing - I doubt things will ever change for the better.
Informatif
Very sad this is happening in Hong Kong.... the government is to blame ... it’s not as if these people are lazy or stupid, They are hard working people.... no one should struggle like this if they are willing to work hard... how can a place like this have future ?
Heartbreaking. God have mercy
You are sick!
I wish the people of Hong Kong nothing but the best. I hope the economy bounce back and the poor won't be forgotten.
If we think life is unfair to us. We need to remember that 95 year old lady attitude. I'm sad for her😢
Me too my mom is 74 I’d die if she was on the streets😔
That's why the young people in HongKong choose to migrate to other countries,some even choose mainland China coz they know they can never afford to own an apartment though they work hard for the rest of their lives.
Spon on
Stay strong hong kong
The coffin homes give new meaning to the tiny house movement; it's scary and sad. It's all they are able to afford, so that's the way it is. Landlords must be rich in Hong Kong, because of the property values and the high demand. In reflection, there's so much to be thankful for living in the United States. The recycling old lady brought me a tear to my eyes. She ought to be more comfortable, and cared for during her elderly years.
Typically, in cycles of economic growth, people get priced out of American cities. Hong Kong doesn't have that option due to its unique status within China requiring closed borders (technically you could move into mainland China, but that is neither cheap nor logistically practical).
This channel may consider doing a documentary on HK's old age home.
Li kah Shing owns huge properties in HK. He had built a 70 meter Guan Yin statue there. LkS is such a pious person worshipping the Goddess of Mercy. His own conduct is merciless and ruthless. He together with 3 other billionaires own most of the properties in HK and forced millions of Hongkies to live in coffin houses.
Bullshit theory..... does he rob or steal or bribe someone to get his wealth? Instead, not only he was borne poor, his father died when he was 12/13 years old. Don’t blame someone that he is rich because he had worked hard for over 70 years to build his business empire. For a real Hongkonger. He is a icon. He donates over billions of dollars already for charity purposes, and mostly to China. And he has also commit to give another 1/3 of all his wealth to a charity foundation too. In opposite, just tell me how much of your mainland Chinese Billionaires have donate or give to charities so far. It is a joke to me.
Please don’t believe all you hear or read from Chinese news or media. Do some research on your own...
I'm curious about the legalities of some of the things that are happening here such as the landlord charging above market rates for water and interviewing the older gentleman and then telling him they're not going to hire him since he's old. Isn't that employment discrimination? I'm not familiar with the laws in Hong Kong so I can't
😢 breaks my heart to see people having to live this way. I will not ever take anything for granted in my life. So sad.
Are there any updates on the people you interviewed for this story ?
It just amazes me for how long Hong Kong government is letting those underprivileged citizens suffer from stricken poverty, it has been going on for decades upon decades. The deaf and blindness amongst the Govnt and wealthy millionaires of HK are beyond me. How could they led it slide for far too long!
They did that because it's pure "Capitalism"
@@Huang_Yisen I'm endlessly amazed by the irony that this pure capitalist state is in fact part of a communist country.
Thank god i live in S'pore
@@luckm8852 1. HK is a city. 2. U know what is one country two systems? Please know the history before you say that LMAO
@@terrytv2421 probably more than you do. Lol
Not sure how to comment. I see my 90 plus grandma always laying in bed or just sitting there watching television. Then there are those out there struggling with great determination on their will to live. On the other side of the coin, they are getting great exercise and being outdoor! Now I am not sure which is the lesser evil??
That yellow filter switch is hilarious 😂
Heart breaking
shocking life of the poor hongkong people.
Billionaires controlling billions of dollars ?! Very insightful commentary
Y'all realise assets under management does not equal net worth right? So the quote makes sense
Very very sad indeed.
So sad. I think you all are amazing how you deal with it.
I remember I used to be staying at one of the poorest neighborhood in Shan Shui Po when I was pursuing my studies at HKU. Some old folks there had to live in such a small, miserable room as if living in a slum area in the Third World country. Most don't ever think of asking low-income assistance from the government thinking that is the most undignified thing to do, unlike those in the West.
A world apart, the reason so many dread of immigrating ... so be it a world torn apart! People in HK love that they all has wings and how tall most of the buildings are!
Asians have pride unlike people from South and Central America who emigrate to the US. Those are the people who often apply for social welfare assistance.
Poor old lady. 😥
CNA documentaries REALLY loves dramatic musics and they like it epic
🤣🤣🤣🤣!YEP and the music be so sad and intense too, makes you feel even so sorry for them even more. Thought I was the only one who noticed that.
64 sqft. costs 130k Dollars in Los Angeles, USA. When will the tide turn against the corporations?
Don’t hold your breathe Pamela. I’m not.
It's just as bad here in NYC... Studio apt going for 1600 to 2K a month, most salarys hovering at 35 to 40K a year, which after tax leaves you with just enough for food and maybe utilitys...
The only difference is offering of unemployment for those who qualify
Blame Donald Trump for setting the trend in the 80's by selling a single floor of his flipped out building for $11 million.
@@tar2185 There's also medicaid, social security, SSI, Sect 8 housing, med insur for kids in low income families in nyc. NYers can also move out of nyc. HKers have no place to move to, except to ShenZhen.
Any mention of the poverty situation in Singapore?
think they will ever show the bad side of their own country?
There already is, "don't call us poor"
They actually did a few. The most recent one is called "going hungry in Singapore" I think.
Ive lived in HK (as expat) for several years. In my opinio, this is the downside of a govt whose policies are very pro employer. In times like this, its the employees with interests unprotected are the most disadvantaged. This has to change.
Same situation as the UK
I may as poor as homeless in hk I just domestic helpers but back home in my country Indonesia I own rice fields and big houses compared to majority houses in hk I should be greatfull for what I have and stress free.
Yeah yeah sure
why we want so many billionaires in hong kong
Sai Lo has a kind soul. I hope he gets to own a dream house one day.
Sad facts, hope the social worker can take care those unfortunate people especially the elderly
when counry become developed that will be end for common people
@14:14 “if the benefits are too good then people will not want to work” then by that logic having no benefits at all will make people want to work as if the problem is lazy people not wanting to work where there are few jobs, if any available. Sounds like a plan just don’t tax the citizens that might make the government too lazy to work for them.
How come cna doesn't make it own social problem in Singapore. Or do they think Singapore is a paradise.
They already had a documentary series on that a couple of years ago.
Wah, auntie shui lai got fighting spirit to keep going at 95 without relying on her kids. Commendable. Wishing for the best for not just her, but everyone in this district!
Hi, The issue is what is the HK's officials making to cope an sort out the problem?, just a case, the corporations and financials firms pay taxes, directing a big percentage of that money in order to support those poor people and the government must build affordable houses to those poor people, there, it is the solution simple. I love you HK.
Hong Kong became famous for its low-tax government model, attracting businesses from all over the world. Now that it's feasible to directly set up shop in mainland China, HK is losing relevance and is arguably even more reluctant to raise business taxes.
It needs to transition from a city serving business to a city serving its residents. Otherwise, the unrest will come back again and again as the average resident suffers from poor quality of life for such an affluent city. Especially in downtown, Hong Kong has to be one of the worst values for money in terms of quality of life. Tiny boxes in towering buildings that block each others' sunlight, and that's if you can even afford a place of your own.
We need one talking about social inequality in Singapore
There's no need to, it exists in every society; no one is saying inequality exists in Singapore - why Hong Kong is being featured then? Cuz it's the freest market and the MOST unequal society - only the MOST is news-worthy :D
@@hiroyukishinichi9873 I’ve seen tons of documentaries and videos on Hong Kong’s inequality but nothing on Singapore’s.
@@Blindswordsman1994 Singapore love to hide tho, they only barking like a bull dog if something good happen in their country.
Tough life for a lot of people. Wish when i get that old. I have support. have compassion for others.
It really got to me to see such plight.Hope they come out of such dire situation #HOPE
Economic Disparity is raising through the roof worldwide ):
33:25 This is utter BS
All I can say is SHAME of h.k. government. Government payout is so little, not enough for survival.
experts always say the same thing as singapore so does singapore wanted to follow direction like hongkong?