Carrie Lam has now chosen the plots that need to be reclaimed
Five reclamation sites identified by Hong Kong leader are ‘important land supply option’ for city | South China Morning Post
I seem to recall a pro-authoritarian poster stating the previous incumbent from the current administration had solved the housing crisis and we just had to wait.Original Post Deleted
There will be a crash but by still printing land just below demand the can is still being kicked down the road for the foreseeable.
4 years ago HKG population was 7.2m Last year it had risen to 7.4m
Last year 57,500 unskilled Mainlanders arrived on one way permits presumably to rejoin their family members already here
Do the math
This is obviously unsustainable and the answer is:
a) the Mainland has to stop sending their trash here
b)The Mainland has to provide hectares of land over the border in which to accommodate the one way permit holders as each family gets in 7 years' residence and wants LCH
c)fill in the sea and build on it
d)fill in the sides of the Chep Lap Kok immigration island to stop it subsiding into the sea then build LCH on it This will require another Environmental Impact study so they can re-use the last one they employed for the 3rd runway showing airflow modelling from the Himalayas instead of using land based sensors in Tung Chung that would have failed the Environmental Impact study
Of interest the impact sensors in Tuen Mun and Tung Chung for 'roadside pollution monitoring' are installed on the 5/F rooftop of respective public libraries/buildings to ensure the readings are nothing like the actual roadside level readings
Carrie Lam suggests housing crisis can't be solved on her watch
Reclaiming land an unavoidable part of Hong Kong’s future, Carrie Lam says as she hardens stance | South China Morning Post
Carrie Lam adds a 19th options to the the great land supply shamary.
Redevelop old public residential buildings to increase capacity.
She missed out the 20th option of changing the method of redeveloping old private buildings - currently so heavily skewed to benefit property developers it doesn't happen that much unless the URA force the transfer of wealth from home owners to property developers.
https://www.news.gov.hk/eng/2018/07/...ml?type=ticker
Yes a very simple Housing vouchers scheme not government provided housing.Original Post Deleted
Such policies were championed by the UK conservatives in the 1980's to break the cycle of council housing stigma and allow the poor to live in society not government housing projects. The scheme only works if there is sufficient land released. The government allows the hoarding land.
Last edited by East_coast; 05-07-2018 at 11:31 AM.
while the lands dept. and taskforce is scratching around in every corner of hong kong to find one hectare here and one hectare there, PLA has 2,200 hectares in NT, James Tien reckoned that PLA could survive with say 1,100 hectares, leaving about 1,100 hectares for housing. Nobody should be surprised that the consultation is fake, its business as usual, wasting money creating pointless consultations.
And on the rare occasion, when the government agrees with the public view, it takes countless years to implement, the consultation to ban incandescent lamps is a classic example, everyone agreed yay! - but it was implemented and now the market has pretty much killed off the incandescent lamp without the need for regulations.