In one of the world's most expensive cities, a twenty-eight-year-old construction worker and his wife have quietly made a decision that millions of others are making alongside them: they cannot afford to bring a child into the world they inhabit. Hong Kong now confronts what demographers call a triple squeeze — an aging population, a collapsing birth rate, and eroding employment stability — forces that do not merely coexist but amplify one another. As the government prepares a policy address, the city faces a question older than economics: what kind of future can a society build when the condi
Hong Kong faces demographic crisis as young workers struggle with affordability
Young families are unable to afford children due to housing costs and wage instability, contributing to demographic decline.