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  "title": "'Public Housing'... and also USD 730 million of wealth on fire",
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              "plaintext": "the 8 buildings that were swallowed by fire in Hong Kong are \"subsidized public housing\" in media, which is factual"
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              "plaintext": "But the more detail way to put it is that they are \"public housing built by the government under subsidized-sale program\""
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              "plaintext": "This context is useful in the sense that they are expensive privately owned housing, which are valued around HKD 3 million (around USD 384,600) a unit prior to the fire."
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              "plaintext": "So put it in a overly dramatized way... that was USD 730 million of wealth on fire there... that's many people's life time of saving as well as debt in form of mortgages..."
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  "publishedAt": "2025-11-27T13:30:36.813Z"
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