By Tyler Durden
The number of Hong Kong residents sleeping overnight at McDonald’s has increased 600% over the past five years, driven in part by the city’s sky-high rents and substandard housing amid an unbearably hot summer, a study has found.
The survey, organised by Junior Chamber International’s Tai Ping Shan branch and conducted in June by volunteers, found 334 people had slept in a McDonald’s outlet nightly over at least the past three months. Of the 110 branches that operate 24 hours in the city, 84 had seen overnight sleepers.
This is a six-fold increase from a similar study in 2013, which found only 57 such people, popularly dubbed McRefugees or McSleepers.
A branch in Tsuen Wan hosted more than 30 sleepers, the highest among all branches, according to the latest study. -SCMP
The researchers spoke with 53 such “McRefugees” between the ages of 19 and 79 – finding that 57% are employed and 71% have apartments they rent or own – contrary to the belief that only homeless, jobless people are camping out at the restaurants.
Topping the list of reasons for camping out, McRefugees point to saving on air conditioning costs, comfort and security, …read more
Source:: Zero Hedge