Posted inChinaHong Kong

Single women are driving big city gentrification

Gentrification is reshaping urban areas all around the world, displacing large segments of the population and making cities increasingly unaffordable. In San Francisco, only 12% of households can afford a median-priced home, which is over US$1.5 million. In Hong Kong, the world’s most unaffordable city alongside Singapore and Paris, there are currently some 90,000 families living in inadequate housing conditions. […]