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Cheap Accommodation in Macau – Mission Impossible?

Once I met a Dutch guy who had flown to Macau on a visa run, planning to stay there for a few days or weeks. He believed that Macau was much cheaper than neighbouring Hong Kong , the latter being known as one of the world’s most densely populated cities as well as a major global financial hub. It didn’t take him long to realise that he had made a mistake. The first thing he did upon arriving in Macau was, of course, to look for a cheap hostel. Little did he know that Macau has no hostels!  To his surprise he could find no cheap accommodation and had no choice but to spent around HKD400 for one night at a hotel. Macau turned out to be so expensive that on his second day he moved to Hong Kong. Despite having heard his story, I did not learn the lesson. I still believed I would find a hostel. After all, I had been to hostels in small cities like Triest, Krakow, Salzburg. How could Macau, whose GDP depends entirely on tourism , have no hostels? Probably, the guy should have