were you the owner of a corporation or business or an employee? Very big difference.
The cost of living reflects true market forces. It's an island with limited space and everything needs to be shipped there.
HKs advantage is because it is an English speaking port city following the rule with perfect integration of a corporate-state next door. The Cheap Sh*t from Shenzhen has to go through the HK Ports.
you almost have it right. It's follows what? The rule of what? In order for "business" to function the rule of law and a stable platform for transactions has to occur. In other words if I give you A and you give me B in return, we are assured that the transaction occurs, that the monies/funds/good/whatever are assured EACH time the transaction occurs.
Without the stability and the rule of law chaos occurs and there can be no simple market but a disordered mess, where different bosses need to be paid off and transactions that occur one time may never be repeated again. As an example Russia, Mexico, any country in Africa and I'm sure you can fill in others.
And while were at it, Hong Kong has a state provided universal health care system.
they do not have an exclusive health care program, like Canada. They have the option of private physicians if they will pay for it.
Are you proposing we should adopt that as well?
My snowboarding friend, we do have universal health care for catastrophic needs. If you would care to go to the nearest emergency room with your ailments they are required by LAW to evaluate, stabilize and treat your emergent condition. They must provide you with follow up physicians and social services is available to assist you with funding for meds that are emergent and treatment that is emergent.
The big myth and LIE by the MSM and libs is that some people can't get health care. What they can't get is to get specialist to treat them for FREE. The "poor" would rather have cable tv, cell phones, alcohol, drugs, new clothes, televisions with big screens than pay for med bills.
Hong Kong isn't for the weak. If you are a multinational or desire to have your products shipped around the world, it's a very lucrative place for conducting those transactions. The way I describe it, is that if you're the guy shoveling gravel it sucks.... but if you're the guy holding the clip board, sitting in the truck and pointing where you want the gravel... then Hong Kong is for you.
So have you ever been to Hong Kong?