A child stands at the door of a shipping container serving as his accommodation in Shanghai on March 4. The containers, which house different families, were set up by the landlord, who charges rent of 500 yuan ($80) per month for each container.

A mother and her child are seen inside their shipping container.

People congregate outside their shipping container.

A mother and her child eat dinner.

A child does homework inside a shipping container.

A resident holds a spittoon as he walks in an area where old residential buildings are being demolished to make room for new skyscrapers in central Shanghai on October 17, 2012.

A man rests on a motorcycle in front of an advertisement in central Shanghai on October 18, 2012. China likely hit the bottom of a seven-quarter long economic downturn between July and September, but the slowest three months of growth since the depths of the financial crisis and a cloudy housing market outlook make recovery prospects tepid.

Akee, 34, who works as a waiter, rests in a wooden box where he lives in Hong Kong October 9, 2012.

A movie is shown on a television in a common area between wooden boxes where people live in Hong Kong, October 9, 2012.

A television placed inside a wooden box used for living in Hong Kong October 9, 2012.

A NGO worker speaks to people living in wooden boxes in Hong Kong, October 9, 2012.

Xian Xiyong cries after his mother, Li Jie'e, jumped off a building and died at a demolition site in Yangji village in Guangzhou, Guangdong province, China on May 10, 2012.

Xian, center, the husband of Li Jie'e, accompanied by his son Xiyong, right, pushes his wife's body on a transport stretcher as another relative, left, burns incense in Yangji village on May 10, 2012.

Huang Sufang reacts as she sees a part of her house being taken down by demolition workers at Yangji village in central Guangzhou city, Guangdong province, China on March 21, 2012.

Huang Sufang tries to attack a worker with a brick after a part of her house was demolished.

Huang Sufang attempting to protect her home as workers move in for demolition.

A relative holds Huang Sufang as she wipes away tears.

Huang Sufang lies on the ground after a part of her house was demolished.

A laborer naps inside a coil of steel wire at a residential construction site in Hefei, China, Aug. 20. China's annual housing inflation quickened in July for the second straight month this year, official data showed on Thursday, keeping up pressure on Beijing to rein in the red-hot property sector.

Leung Shu, 78, prepares to settle in for the evening beside his cage on the apartment floor which he now only shares with 4 other people on Nov. 27, in Hong Kong, China. Hong Kong's property prices having soared over the past year with urban redevelopment shrinking the supply of older, cheaper blocks. Thousands of men still dwelling in 15-square-foot cubicles or cages are being forced to vacate the premises as the properties are being sold to developers and low cost accommodation becomes more difficult to find due to increasing cost of rent. Approximately 1,000 or so men are still estimated to live in squalid and cramped conditions in old tenement flats as Hong Kong's yawning wealth gap widens. Leung Shu, suffering from chronic asthma, has been forced to cease his rental of monthly medical equipment due to rising living costs.

Tam Wing Dik, 78, looks out of his cage dwelling on Nov. 27, in Hong Kong, China. Tam Wing Dik, suffering from mental illness, has been given 1 month along with his fellow residents to evacuate the building, which has been sold to developers. Mr Tam says he has no idea of where he will end up.

Clothes and valuables are seen on a cage dwelling on Nov. 27, in Hong Kong, China.