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People in Hong Kong are moving into 20-square-foot 'coffin homes' to save money

An estimated 200,000 Hong Kong residents live in boxes measuring no bigger than 4'x6' — "coffin homes," as they're more commonly known.

Simon Wong, 61, is one of thousands living in so-called coffin homes in Hong Kong.

Simon Wong has spent the last 20 years learning the hard way how to live with less. Less clutter, less money, and, most noticeably, less space.

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Wong, a 61-year-old Hong Kong resident, is one of a growing number of citizens forced into so-called "coffin homes," 20-square-foot cages that offer just enough space to lie down and hang a few shirts and pairs of pants.

His monthly rent of $226 would be enough to share a roomy one-bedroom apartment in many American towns (though admittedly it would only be enough to rent a closet in big cities like New York City and San Francisco). Instead, his living space measures just 4'x6'.

Hong Kong's housing prices are currently at an all-time high, with the average price per square foot now hovering around $1,380. (In New York City, it's roughly $1,645.) Hong Kong's chief executive, Leung Chun-ying, has called the housing crisis "the gravest potential hazard" to society, as only 7% of the city's land is zoned for housing.

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People like Wong are casualties of that affordable-housing scarcity. The government estimates some 200,000 people live in coffin homes, but as a spokesperson for the Society for Community Organization told Reuters, the true number could be much higher.

Wong says he's applied for public housing, but has received no response indicating whether he's been accepted or denied.

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