'Mid-Level' is a small upscale neighbourhood on HK island. So the housing market there is not representative of the rest of HK. However said rest of HK remains

'Mid-Level' is a small upscale neighbourhood on HK island. So the housing market there is not representative of the rest of HK. However said rest of HK remains way too expensive, something on the order of London or NY, but HK being a city-state people don't have the option of moving to or coming from a significantly less expensive countryside region. There is no self-selection as in most other major cities and many people are stuck with low/median income in high-rent zones. What's more as another poster pointed out most of HK is not constructible (there is a reason for all those skyscrapers), and the administration is kind of slow at repurposing/reclassifying existing land, plus they sort of gave up on building enough social housing (I'd say about a decade ago?) which was key for relieving pressure. I think the numbers given were RE-brag, the most expensive apartments in HK were sold for around USD50M each, so 15M for a Mid-level and 120M for The Peak seems off. The 'servant' he's referring to are Oversea Worker housemaids, who have a different status than immigrants, and he's right that they're not having an easy life (USD300 is I think their average monthly wage?). By law they must be live-in, but said law is rather light on specifics and protections, so many do not have an individual room and sleep in their employer's living room. "Sleeping on the balcony" is quite harsh and rare (who in HK has a balcony anyway?) but it can happen -- again, very little legal protection. According to local NGOs dealing with OW, at least 10% are abused one way or another.