The 'Rat Tribe' in Beijing

I've done at least one other posting on this before, but here's another one in today's papers....makes for a good example on the downside of city-living....Do a comparison with Singapore where our housing policy is among the best in the world, not just in terms of quality but also the more than 80% home-ownership with the CPF scheme. In contrast, people in Beijing and Hong Kong nowadays can only rent instead of buy, as property prices are beyond the reach of most people. Singapore is in danger of becoming like them in recent years, what with the sky-rocketing property prices. The recent cooling measures implemented by the govt is only a short term remedy...sigh....:(

Sample Qn:
Is the city still worth living in despite the cost involved? (VJC Prelim 2010) [note the cost here should not be just in terms of dollars and cents, but should also include environmental cost like pollution, etc...)