Hong Kong Small Business Vanishes With Soaring Rent : News Photo

Hong Kong Small Business Vanishes With Soaring Rent

Credit: 
Bloomberg / Contributor
Lease advertisements adorn the front of a shuttered commercial space next to a hardware store as vendors sit and chat in the Tai Hang area of Hong Kong, China, on Saturday, March 30, 2013. Rents are climbing in neighborhoods near Causeway Bay and Hong Kong's other prime shopping districts, known for luxury stores that attract free-spending tourists from mainland China. That's squeezing out mom-and-pop shops, congee and noodle vendors as developers and landlords seek to profit from the trend. Photographer: Lam Yik Fei/Bloomberg via Getty Images
Caption:
Lease advertisements adorn the front of a shuttered commercial space next to a hardware store as vendors sit and chat in the Tai Hang area of Hong Kong, China, on Saturday, March 30, 2013. Rents are climbing in neighborhoods near Causeway Bay and Hong Kong's other prime shopping districts, known for luxury stores that attract free-spending tourists from mainland China. That's squeezing out mom-and-pop shops, congee and noodle vendors as developers and landlords seek to profit from the trend. Photographer: Lam Yik Fei/Bloomberg via Getty Images
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Date created:
March 30, 2013
Editorial #:
165219920
Release info:
Not released.More information
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Contact your local office for all commercial or promotional uses.For editorial use only. Additional clearance required for commercial or promotional use, contact your local office for assistance. Any commercial or promotional use of Bloomberg content requires Bloomberg's prior written consent.
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Rights-managedRights-managed products are licensed with restrictions on usage, such as limitations on size, placement, duration of use and geographic distribution. You will be asked to submit information concerning your intended use of the product, which will determine the scope of usage rights granted.
Collection:
Bloomberg
Credit:
Bloomberg via Getty Images
Max file size:
3,000 x 2,000 px (41.67 x 27.78 in) - 72 dpi - 2.52 MB
Source:
Bloomberg
Object name:
HK RETAIL

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Lease advertisements adorn the front of a shuttered commercial space... News Photo 165219920Adornment,Advertisement,Asia,Asian,Chinese,Civilian,Commercial,Consume,Consumerism,Customer,East Asia,Economy,Environment,Finance,Front,Geographical Locations,Hardware,Home,Hong Kong,Horizontal,Lease Agreement,Rent,Resident,Routine,Shutter,Sitting,Space,Store,Talking,VendorPhotographer Collection: Bloomberg 2013 BloombergLease advertisements adorn the front of a shuttered commercial space next to a hardware store as vendors sit and chat in the Tai Hang area of Hong Kong, China, on Saturday, March 30, 2013. Rents are climbing in neighborhoods near Causeway Bay and Hong Kong's other prime shopping districts, known for luxury stores that attract free-spending tourists from mainland China. That's squeezing out mom-and-pop shops, congee and noodle vendors as developers and landlords seek to profit from the trend. Photographer: Lam Yik Fei/Bloomberg via Getty Images