Hong Kong Small Business Vanishes With Soaring Rent : News Photo

Hong Kong Small Business Vanishes With Soaring Rent

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Bloomberg / Contributor
Pedestrians chat outside a florist 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:
Pedestrians chat outside a florist 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 #:
165219916
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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
Max file size:
3,000 x 2,000 px (41.67 x 27.78 in) - 72 dpi - 2.5 MB
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Source:
Bloomberg
Object name:
HK RETAIL

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Pedestrians chat outside a florist in the Tai Hang area of Hong Kong... News Photo 165219916Asia,Asian,Chinese,Civilian,Consume,Consumerism,Customer,East Asia,Economy,Environment,Finance,Florist,Geographical Locations,Home,Hong Kong,Horizontal,Lease Agreement,Pedestrian,Rent,Resident,Routine,TalkingPhotographer Collection: Bloomberg 2013 BloombergPedestrians chat outside a florist 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