I think today's Hong Kong is suck, when I compare the live with the British colonial times.......
In the old times (Like say 70s or 80s), because there were 2 open exams in Form 5 and 7 (Age groups of 16 and 18) and the two frequent exams made getting into university very tough. During those times, when you worked hard enough, you could enter into universities and had a good future.
Two years ago, the government had issued a new education system, which cuts the two open exams into one in Form 6 (Age group of 17). The chance of getting into university increased to 18% nowadays, devaluing the university students. What's more, the government allowed the private companies and universities to open High Diplomats for students who can't into universities, but due to the lack of monitoring, the quality of these diplomats are very poor. That's why even you work hard in the High Diplomats, with the exception of civil servants, most of companies won't hire students graduating from High Diplomats.
And on the fields of buying a property, in the old days, buying a flat was easy if you were relatively rich. If you were poor, the government could provide you public housing with low rents. Nowadays, because of the constant flipping of flats by the rich people from PRC, property prices are like daylight robbery. For young people, it's worse, not only they can't afford private flats, their income is too high for applying public housing, so they have to live in these dangerous and poor quality housing like these:
https://www.youtube.com/watch?v=5xGCacMMAdc
The government is doing a little about it, due to the "Big market, small government policy".........