A good pprtion of HK populayion would love a propety price drop so...
As for the rich needing a playground. Asia overall is a huge playground. If you think a golf course is what will drive expats/ rich locala back to hk....no way...
Seriously we need a golf coursr to attract the brightest???
I think you need a lot more than that..
I agree here - there's a big difference between the richest people in Asia and the best and brightest in Asia. The rich people are in HK to play; the best and brightest to work. Honestly, regardless of however many golf courses are built in HK, golfers will still travel north of HK to Dongguan and Shenzhen. I shouldn't need to elaborate on the fact that there's a lot more to golf than just golf - it's very much a social and business activity.
I would agree on the government housing complexes. When built they never seem able to make them truly
livable options. Tin Shui wai is an example. Lots of land. They could have built a livable community with
low-rise housing options, parks etc. Instead...More high density, ultra-tiny apartments, and of course a couple of
signature malls.
If they would take the golf course and build some nice mid-priced housing communities along with intelligent roads and
good access to the MTR, maybe more light rail. Better yet, forget the roads. Make it a car less community. That would
keep the property speculators away!