Both the author and his source also seem to know very little about real estate in Hong Kong. Most land is owned by the government and available only on lease which right now are fifty years in length. Hong Kong has a 'stamp duty' of 15% for foreigners plus double the regular stamp duty raising potential costs to 23% (all info easily available on internet) .  There are also large numbers of hard working people living in spaces smaller than a parking spot and reports of many people living in cage homes --(just google it takes about a minute). What happens in Hong Kong is not a vision of a just society. In Canada we have a vision of a just society--it is being threatened but it is certainly a vision worth fighting for and is the particular reason housing needs to be affordable for the average person.