Hong Kong residents squeeze into ‘coffin homes’ as housing crisis worsens

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‘The high rents in Hong Kong are forcing some of its seven million people into so-called ‘coffin homes,’ or 20-square-foot cages just big enough to lie down and hang a few shirts and pairs of pants.

Over the past five years, rental prices in one of Asia’s wealthiest cities have increased nearly 50 percent, reaching an all-time high. The average price per square foot in Hong Kong is slightly lower than New York City, hovering at around $1,380.’

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