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Alex Crawford – Hong Kong: The people forced to live in homes the size of a coffin

Summary:
In the world's most expensive city, a casket-sized sleeping space costs hundreds of pounds a month - and the bed bugs are free. Landlords illegally exploit the tenants.  A balanced article about the problems in Hong Kong. Poor people are being totally exploited, but the demonstrators don't seem to care about them.I put out a report here a little while back about how the Hong Kong government was proposing to build a home for everyone, just like they do in mainland China, but the rich, the financial sector, the corporations, the landowners, and the home owners all got together and stopped it. The 51% of Hong Kong people who own homes were worried that the new homes would bring house prices down.Sky NewsAlex Crawford - Hong Kong: The people forced to live in homes the size of a

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In the world's most expensive city, a casket-sized sleeping space costs hundreds of pounds a month - and the bed bugs are free.


Alex Crawford - Hong Kong: The people forced to live in homes the size of a coffin


Landlords illegally exploit the tenants. 

A balanced article about the problems in Hong Kong. Poor people are being totally exploited, but the demonstrators don't seem to care about them.

I put out a report here a little while back about how the Hong Kong government was proposing to build a home for everyone, just like they do in mainland China, but the rich, the financial sector, the corporations, the landowners, and the home owners all got together and stopped it. The 51% of Hong Kong people who own homes were worried that the new homes would bring house prices down.

Sky News

Alex Crawford - Hong Kong: The people forced to live in homes the size of a coffin

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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