To be sure, about 50 percent of the families live in subsidized housing provided by the government. Hidden behind the facade of a glamorous metropolis is a tattered social fabric torn by a widening income inequality between the minority rich and the rest of the people worsening poverty, with a record 1.3 million citizens falling below the poverty line and a healthcare system stretched to the limit by a rapidly aging population.įurther fueling social discontent is the escalating cost of housing, making Hong Kong one of the most expensive cities to live in. Its excellent infrastructure facilities and a solid economic growth record, coupled with years of virtual full employment, apparently have failed to put a smile on many people’s faces.įor Hong Kong people, the result of the UN happiness survey may not be such a big surprise. Ranking among the middle of the pack is no consolation for a city that enjoys widely admired social and economic advantages that help secure its place as an international financial center and business hub in the world’s fastest-growing region. The annual report is based on sample surveys of how happy citizens in each place perceive themselves to be. ![]() The UN’s World Happiness Report 2019, published in March, ranks Hong Kong at No 76, down five places from a year before, of the 156 territories surveyed. Many families have to put up with substandard living conditions while waiting for their turn for public housing.
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