When former South Korean president Park Geun-hye went to a Seoul prison cell last spring, many residents of Hong Kong could only express envy.
The 125 sq ft in which she was incarcerated is bigger than many Hong Kong flats. And yet, Hong Kong grows ever more unaffordable.
Some months ago, the government approved developers’ plans to sell flats that are 60 sq ft (or about the size of a double bed) and are expected to fetch about US$500,000.
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