Hong Kong housing is so expensive that many people live in cages

For the past 8 years, Hong Kong has received the dubious honor of having the least affordable housing market in the world. The average house price is 20 times the median household income (Los Angeles and London are about 10 and New York is about 6). As a result, many families live in very tiny apartments (75 to 140 square feet). Those who can't afford a parking lot sized apartment can live in a cage inside a room filled with stacked cages.

In this video, Johnny from Vox visits with cage dwellers and finds out how they live.

Image: Vox screenshot