Locals lose in property game

Locals lose in property game

I read the article "Hong Kong occupies prime real estate on Monopoly's 80th anniversary board game" (scmp.com March 20). Monopoly is a board game in which players buy land and build houses, then collect rent from other players. If you become bankrupt, you lose. The winner is the player with the most money.

The game is a bit like Hong Kong. The board is the city, and citizens are the losers of the game. Housing prices are so high, most people cannot afford to buy property, no matter how hard they work.

Recently, I heard that the minimum wage is going to be increased by HK$2.50 an hour. I don't think this will help people buy a home. Many are still unemployed or do part-time jobs. The government should provide more job opportunities for locals. It should also build more public housing as quickly as possible so more citizens can have a home.

Cheng Pak-long, Tsuen Wan Public Ho Chuen Yiu Memorial College


From the Editor

Thank you for your letter, Pak-long. Many youngsters in Hong Kong play Monopoly. I think parents believe that it is a good way to teach their children how to become rich. But we know that monopoly is not a good thing as it leaves consumers with little or no choice and stifles competition in business. This means that businesses don't need to innovate to remain on top.

While the wealth gap in Hong Kong is a matter of grave concern, we can't really add "unemployment" to the issues challenging us. According to the website Trading Economics, our unemployment rate is at 3.30, higher than Austria and Norway but lower than the US and Britain. The government can certainly do a lot to help reduce the wealth gap and increasing the minimum wage will help to make that happen.

Susan, Editor

This article appeared in the Young Post print edition as
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