Shi Yongqing: The central government pressured the statement to exaggerate, and the Basic Law guarantees that the rules of the game "no change"

"Reuters" recently reported that the central government asked local real estate developers to help solve the housing shortage, indicating that the market "rules of the game have changed" and "monopoly behavior" is no longer tolerated.

Shi Yongqing, the founder of Centaline Property, said on the Hong Kong and Taiwan program "Millenniums" today (22) that Hong Kong real estate developers are not "members of the Communist Party of China" and I believe the central government will not "instruct" real estate developers to do things.

Shi Yongqing also pointed out that real estate developers play an important role in the housing problem in Hong Kong. The central government must seek cooperation and support from them so that housing policies can be implemented more easily. In the corner," he thinks that the central government's statement of suppressing real estate developers is exaggerated.

Shi Yongqing pointed out that real estate developers play an important role in Hong Kong's housing issue. The central government must seek cooperation and support from them to make housing policies easier to implement.

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Shi Yongqing said that Hong Kong real estate developers have always shouldered social responsibilities, but "real estate developers are all businessmen," and business is still focused on profit.

He mentioned that Article 105 of the Basic Law has stipulated that citizens' right to buy and sell properties is protected. If the government wants to recover private land or assets, it needs reasonable compensation, emphasizing that the rules of the game are "no change."

Hong Kong has the Competition Ordinance to deal with monopoly issues　

Regarding reports that the central government has stated that monopolistic behavior is no longer allowed, Shi Yongqing pointed out that Hong Kong real estate developers have no monopoly status, and foreign and mainland real estate developers can participate in the market. At the same time, Hong Kong has a "Competition Ordinance" to deal with monopoly issues.

When asked how Hong Kong developers can cooperate with the government, Shi Yongqing believes that Hong Kong is different from mainland developers. There is an oversupply in the Mainland. The central government hopes that they will "slowly rise and rise less." However, Hong Kong is currently in short supply. (Developers) Cooperation means getting up more and getting up fast."

He also pointed out that if the government speeds up the examination and approval of changes in land use, and the amount of the land premium catches up with the listed price, real estate developers can speed up the construction of houses.

Zhao Guowei, director-general of the Public Housing Association, said that he would like to see more private developers participating in the construction of public housing, and suggested that developers can cooperate with social enterprises to build relatively cheap subsidized housing.

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Zhao Guowei: Happy to see real estate developers participating in the construction of public housing

The director-general of the Public Housing Association, Zhao Guowei, said on the same program that he would like to see more private developers participating in the construction of public housing. He suggested that developers can cooperate with social enterprises to build relatively cheap subsidized housing.

Zhao Guowei also pointed out that the current supply of public housing in Hong Kong is low. He believes that in addition to finding land to build houses, the government should also speed up the circulation of public housing. Save money as soon as possible to buy private housing, so as to free up public housing units.

Regarding the government’s earlier launch of the "Elderly Owner's Flat-for-Flat Pilot Program", Zhao Guowei said that there are not many people who are suitable for the plan. He suggested that the plan should be extended to the Housing Authority and the lock-up period for subsidized housing should be extended.

He also advocated resetting the long-term policy committee to review housing supply.

It is reported that the central government has asked Hong Kong developers to help solve the housing shortage problem. The central government is dissatisfied with real estate developers?

Lam Cheng: In recent years, they are "more willing" to cooperate with the government's rumor that the central government will not tolerate the monopoly of Hong Kong real estate developers: discussion at the regular meeting on Friday

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