View Poll Results: how to solve the housing problems in Hong Kong?

Voters
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  • Government should stop selling lands to the highest bidders

    12 41.38%
  • Abolish small house policy of the New Territories

    12 41.38%
  • Beef up Lands Resumption Ordinance

    12 41.38%
  • Revitalise industrial buildings

    14 48.28%
  • Reinstate Rent Control

    5 17.24%
  • Capital Gains Tax for real estate transactions

    8 27.59%
  • Building more artificial islands

    5 17.24%
  • Reclamations

    3 10.34%
  • Review Landlord and Tenancy (Consolidation) Ordinance

    1 3.45%
  • Hong Kong is too crowded; review immigration policy

    12 41.38%
  • End crony capitalism

    11 37.93%
  • None of the above; please specify

    2 6.90%
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how to solve the housing problems in Hong Kong?

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  1. #11

    Join Date
    Jan 2018
    Posts
    831

    1. Look at the number of residents vs the number of jobs and the incomes these jobs provide

    2. Marry the numbers to those residents who should be having families, but are unable to leave their 600 sqft homes which they share with their parents, grandmother and two other siblings

    3. Build new housing capacity

    4. Provide this capacity to the younger people based on age and financial need

    5. Upgrade poor conditioned buildings to maximize livable area and remove illegal structures

    6. Reclaim properties from uncooperative landlords of derelict buildings. Give them a free unit in the upgraded buildings - most landlords do not deserve their assets nor do they have the financial savvy to manage such an asset

    7. Increase interest rates

    8. Tighten foreign ownership laws across the island

    9. For people who need to show off, reserve areas for the fat cats (oh wait, this already exists)

    10. Hard cap on property prices in regular areas. Transparent transaction prices to shilling can be avoided.


  2. #12

    Join Date
    May 2015
    Posts
    451

    Why has Singapore solved this problem long ago? Because the government actually gives a shit about the future.

    TheBrit and Hkemail888 like this.

  3. #13

    Join Date
    Aug 2008
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    猴山
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    23,652
    Original Post Deleted
    Companies are used as vehicles to avoid tax. There are probably a few tweaks needed but at the moment the rules seem to benefit those with capital ever widening the wealth gap.

  4. #14

    Join Date
    Aug 2008
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    The number one thing that needs to be done is take supply out of the hands of politicians

  5. #15

    Join Date
    Jan 2014
    Posts
    1,272
    Quote Originally Posted by East_coast:
    The number one thing that needs to be done is take supply out of the hands of politicians
    yes, you are right.

    There should be an independent agency which regulates land supply. It should be chaired by a senior counsel (with construction or surveying background). Most of its members should be independent surveyors with no conflict of interests to property developers. Other members can be one banker, one economist, two academic surveyors, two solicitors, two former civil servants, etc.

    The Chief Executive may appoint the LegCo members representing (a) Architectural, Surveying, Planning and Landscape, and (b) Real Estate and Construction to the agency, but these appointments may be controversial.

    Ex officio members should include senior civil servants from lands department, planning department, CEED, housings departments, etc...

    Staff from Housing Authority and Housing Society have the right to attend, make representations and receive papers as may be necessary.
    Last edited by nivek2046; 16-10-2019 at 12:13 PM.

  6. #16

    Join Date
    Dec 2002
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    薄扶林
    Posts
    47,971

  7. #17

    Join Date
    Aug 2008
    Location
    猴山
    Posts
    23,652
    Quote Originally Posted by shri:
    Oh dear

  8. #18

    Join Date
    Dec 2002
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    薄扶林
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    47,971
    Quote Originally Posted by East_coast:
    Oh dear
    Gets progressively more creative...

  9. #19

    I would try to envelope Shenzhen into the HKSAR. The chronic lack of immigration would create a situation where companies leave HK due to inflexible labor laws. It could be a sort of 'bait' for Mainland Chinese to stick with the CCP, knowing that eventually they would be given the same freedoms as HKers if they develop like Shenzhen.

    MandM! likes this.

  10. #20

    Join Date
    Aug 2008
    Location
    猴山
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    23,652
    Quote Originally Posted by felinecat:
    I would try to envelope Shenzhen into the HKSAR. The chronic lack of immigration would create a situation where companies leave HK due to inflexible labor laws. It could be a sort of 'bait' for Mainland Chinese to stick with the CCP, knowing that eventually they would be given the same freedoms as HKers if they develop like Shenzhen.
    I think the plan is the other way around starting with NT East
    shri likes this.

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