A new report from the Hong Kong Future Economy Institute reveals that average home sizes in Hong Kong have decreased by 25% over the past three decades. This decline has occurred despite government assertions of increased housing supply. The think tank argues that current metrics used to measure housing supply are misleading, focusing on the number of units rather than the actual living space available. Researchers suggest adopting floor area as a more accurate indicator of housing supply. The report challenges the effectiveness of current housing policies and raises concerns about the quality of life for Hong Kong residents. The findings highlight a discrepancy between official supply figures and the lived experience of shrinking homes. Authorities are urged to reconsider how housing supply is measured and reported.
