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This city is paying new parents $2,500 for having a baby – and that won't even pay a month's rent

Hong Kong is to pay new parents more than $2,500 for having a baby in a bid to boost its flagging birth rate, but many residents in the notoriously expensive city say that’s not enough – that in one of the world’s most expensive property markets it’ll barely cover a month’s rent. ....

Hong Kong , South Korea , University Of Hong Kong , Hong Kong General , Kim Yeung , John Lee Ka Chiu , Kristy Chan , Sze Lai Shan , Ken Lau , Midland Realty , Society For Community Organization , Kong Chief Executive John Lee Ka Chiu , East Asia , Paul Yip Siu Fai , Community Organization , Birth Rate , Jen Lau ,

Hong Kong is paying new parents $2,500 for having a baby but that won't even pay a month's rent

Hong Kong is to pay new parents more than $2,500 for having a baby in a bid to boost its flagging birth rate, but many residents in the notoriously expensive city say that’s not enough – that in one of the world’s most expensive property markets it’ll barely cover a month’s rent. ....

University Of Hong Kong , Hong Kong General , Hong Kong , South Korea , John Lee Ka Chiu , Kim Yeung , Kristy Chan , Ken Lau , Sze Lai Shan , Society For Community Organization , Midland Realty , Kong Chief Executive John Lee Ka Chiu , East Asia , Paul Yip Siu Fai , Community Organization ,