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Hong Kong has a very limited territory to build on, while most of the USA is free space. Yes, you are right on the bad government incentive.


> Hong Kong has a very limited territory to build on, while most of the USA is free space. Yes, you are right on the bad government incentive.

Hong Kong has limited space but aren't utilizing it well. Tons of it is empty. See the pie chart here:https://www.pland.gov.hk/pland_en/info_serv/statistic/landu....




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