GIve me one effect of the hongkong' s lack of affordable housing on the wealthy gap in Hongkong and its correspnding one solution

Effect: The lack of affordable housing in Hong Kong has widened the wealth gap between the rich and poor. This is because the wealthy can afford to buy multiple properties, driving up the prices of the housing market, while the poor struggle to find affordable housing.

Solution: One solution to address the lack of affordable housing in Hong Kong is to increase the supply of public housing. The government can build more public housing units or partner with private developers to provide affordable housing for low-income households. This can help reduce the wealth gap by providing affordable housing options for those who cannot afford to buy or rent in the private market.