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Hong Kong has until 2049 to fix its housing crisis, but is it possible?

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Hong Kong’s subdivided flats and cage homes are stark reminders of the decades-long housing crisis in the city. These flats, often smaller than an average parking space, are usually carved out of larger apartments and represent one of the bottom rungs of the city’s housing ladder. Today, more than 200,000 people have been stuck living in these claustrophobic spaces as Hong Kong’s housing supply falls well short of recommended targets. Mainland China’s top official for Hong Kong, Xia Baolong, gave the city government a deadline of 2049 to get rid of its subdivided flats and cage homes. Hong Kong’s chief executive Carrie Lam has also promised to make housing a priority for the last year of her term in office, which ends on June 30, 2022. But can the government solve a problem that’s plagued Hong Kong for so long? Support us: https://subscribe.scmp.com Follow us on: Website: https://www.scmp.com Facebook:   / scmp   Twitter:   / scmpnews   Instagram:   / scmpnews   Linkedin:   / south-china-morning-post   #scmp #HongKong #HongKonghousing