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Pigeon Holes

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SAM_1977b(l) (Camera: Samsung NX100)


The repetitive patterns of these pigeon holes are captivating. But maybe what is more intriguing is the fact that these holes are, small in size as they are, expensive. While those shown in the first photo and the foreground of the second one are public rental housing flats built for the low income families, the pigeons living in those dearer holes in the background of the shot below are generally required to spread out the mortgage repayments in 20 to 25 years.


SAM_1977a(l)

In Hong Kong, the property market is heavily speculated, with the increasing participation of the rich cousins from Mainland China.  Over 35% of the residential flats which cost above HK$ 8M (about US$ 1.1M) are owned by them.

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