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Created with Fabric.js 1.4.5 -1 in 6 people in live in poverty-The poverty line for a one-person family is HK$3,275 per month-40% of the Hong Kong population live in subsidised public housing-100,000 people live in coffin, cage homes and rooftops-Over 1,000 people are homeless-Hong Kong has highest income gap between the rich and the poor of any developed economy in the world-The minimum wage, introduced in 2013, is HK$30 per hour-There are 650,000 working poor-300,000 children do not get 3 meals a day-1 in 3 seniors struggle to meet their basic nutritional needs-No. of registered applicants on the Waiting List of Public Rental Housing: 200,000-Median monthly income of poorest 10% of Hong Kong residents: $3,400 in 2012-Median monthly income of Richest 10% of Hong Kong residents: $88,800 in 2012 -Over 1,000 people are homeless- XXXXXXXXXXXXXXXX ___________________ -There are 650,000 working poor -1 in 3 seniors struggle to meet their basic nutritional needs Our poverty study shows that the expenditure of the bottom 30 per cent of households exceeds their income. Those living in public housing do feel slightly better off as they are protected from private rental costs. While Hong Kong's gross domestic product per head is high at $32,000, the disparity between rich and poor is wide and has become a political flashpoint. More than half of the population earn less than HK$11,000 a month and household incomes have barely increased over the past 10 years despite a booming economy. Resources: 1. 4. In the past decade, Hong Kong's gross domestic product has grown by about 50 per cent, but median household income has risen by only about 10 per cent. Those who own property have done much better than those who do not. However, the proportion of home ownership here has remained at 50 per cent in the past decade.
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