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Hong Kong Middle Class Bitter as Tycoons Choose Leaders

Stephen Chung gave up on buying an apartment in Hong Kong after realizing it would take him 10 years to save the $115,000 deposit for a two-bedroom box in the northern part of the former British colony. He isn’t expecting any help from the city’s next leader.

“In this place there are only two kinds of people -- those who can afford to buy a home and all the good stuff, and those who can’t,” said Chung, 25, who quit his advertising job last year to start a tourism firm. “There’s no more middle class.”