Hong Kong may build 100-square-foot tube homes to alleviate housing crisis [MSN Money]
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Source: MSN Money
17 homes that cost almost nothing, but have a catch Hipper senior living? Sleek new flats are for adults only Full screen 1/16 SLIDES © Harrison Jacobs/Business Insider The most expensive city in the world may build 100-square foot 'tube homes' to alleviate its escalating housing crisis Hong Kong has one of the worst housing crises in the world, with property prices so high that a single parking spot sold for $664,000 last year and all but the wealthiest are stuck renting tiny apartments with an ever-proliferating range of colorful names: micro-flats, nano apartments, coffin apartments, and cage homes It's gotten so bad that the city has been ranked the least affordable city for housing in the world for eight years running, according to the Annual Demographia International Housing Affordability Survey. We are facing a tangible affordability problem in our cities, architect J
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