What's Behind the Wealth Gap in Hong Kong?

The video discusses the wealth gap in Hong Kong, highlighting the disparity between billionaires and those living below the poverty line. It attributes this gap to globalization, technological changes, and mainland China's influence, which has driven up housing prices and widened income inequality. The video explores the challenges in addressing housing issues, such as regulatory restrictions and lack of political consensus. It suggests solutions like privatizing public housing and easing development regulations to improve housing supply and reduce inequality.

In what ways has the influx of low-skilled immigrants impacted the income gap?

Why have lawmakers in Hong Kong struggled to address housing issues effectively?

How does the regulatory environment affect housing development in Hong Kong?