
A flagship $3.4 billion plan by Hong Kong to build temporary housing to ease a massive shortage is facing fierce criticism over its high cost and the absence of a longer-term solution in one of the world's most unaffordable property markets.
The global financial hub has long struggled with sky-high house prices, which have rocketed by 350% in the past two decades and created one of the widest wealth gaps in the world, making accommodation a serious social problem that Beijing is keen to see the city's leaders tackle.