Hong Kong is a special zone with a free economy and has incredibly low taxes, minimum corporate tax, and no VAT; it attracts investors worldwide. As one of the four Asian tigers, Hong Kong people can be proud of their economic status. However, living in Hong Kong is more expensive than anywhere else. Tens of thousands of its residents have to live in car-parking-sized subdivided flats. Most notably, they have to pay up to $500 monthly rent for what’s literally a cage to call home.