Tuesday, June 14, 2011

The illusion of "home" in HK

Next time you are tempted to buy an overpriced, overcrowded, over-packaged 500 sq. ft. apartment as your "home", remember this:

Perpetuating the illusion of "home" is big business for real estate developers. They have stretched the boundaries of the private house to absorb the public in a collective realm. The private sector clearly manipulates the social patterns of Hong Kong, making the one child family a model for sophisticated living. The fashionable vertical living environment, with its cloned family stereotype, functions as a mechanism of consumer society offering a standard product with remarkable packaging to justify its exorbitant price. Insufficient land and mass production are "real" real estate issues.




 It is a collective fantasy to imprison us in a pretty dream of a "safe", "sweet", and "warm" home. If such a dream can be purchased with 100 thousand HK dollar downpayment, and several thousand monthly mortgage until retirement, how much does a "dream" worth?

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