weekly
Written by: Shi Zhongjian
2021-06-21 15:52
Last update date: 2021-06-21 15:52
The housing supply in Hong Kong is a problem.
This sentence, I believe that three-year-old children can memorize it backwards, without the need for the establishment members to reiterate it repeatedly in order to earn political capital.
Although the housing problem contains the government’s bureaucratic structure over the years, and the private relationship with developers, we believe that the crux of the problem is that the government has been lacking a complete set of expositions to explain to all stakeholders in the society. , And promote large-scale land reclamation campaigns at all levels, so that the available and coherent residential land can be greatly increased.
For example, the area of agricultural land that has not yet been "high-density development" is comparable to the residential land that has been or is being developed in Hong Kong.
It is necessary for the government to quickly recover these agricultural land for development and develop it into a housing supply that can solve the urgent needs of the poor.
Of course, it is easier to say than to do.
The area of agricultural land that has not yet been "high-density development" is comparable to the residential land that has been or is being developed in Hong Kong.
(Profile picture)
There are many voices in the community that blame the real estate developers for the intricate land problems in Hong Kong today.
To be sure, some real estate developers have openly stated that they do not mind to act as a "blank bull" for the government and carry out land reclamation projects.
At the same time, we must also know that Hong Kong does not have the capital or political capital for the government to completely dominate housing policy.
In reality, although this sentence does not reflect all the facts to a certain extent, it is also thought-provoking.
It is precisely the entanglement of interests between the government and businessmen over the years, and the disconnection between parliamentarians and large consortia that have made the land problem in Hong Kong worse since the reunification. Only when Hong Kong people have to wait for more than 5.8 years on average to get public housing. People's resentment is boiling, and the grassroots are desperate to the society, and only then have the economic predicament facing today's decline.
One of the things that Hong Kong people oppose most is government policy, which is expenditure that makes the public unknown.
(Photo by Lu Yiming)
Regarding how, where, and when to develop the land, we and the think tanks of major institutions have written and commented on these issues many times, so I won't go into details here.
Instead, we want to focus on a more novel solution, which is to use public financing to promote the government's land reclamation work, so that Hong Kong people can make good use of our "housekeeping skills"-high-quality capitalism-to promote social reforms. .
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The above is excerpted from the 270th issue of "Hong Kong 01" Weekly Report (June 21, 2021) "Resolving Hong Kong's Urgent Needs and Promoting Large-scale Land Reconstruction with Public Financing". If you want to read the full text, please
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Highlights of the 270 issue of "Hong Kong 01" Weekly News:
[Cover report] "Cutting-edge technology" is included in the national policy, how to build a new Silicon Valley in the world
Can Hong Kong people turn a blind eye to the hundred years of the Chinese Communist Party?
The Shenzhou 12 manned spacecraft, the Chinese enter their space station for the first time
The charm of hand-made: interest turns into business, the industrial chain gradually takes shape
Let players "rule the world" blockchain subverts the traditional game model?
Turning search into a dialogue language AI fears to inherit human prejudices
Housing Policy Long-term Housing Supply Land Supply Land Problem Land Use 01 Weekly Report Brownfield