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  • 1 Post By East_coast

Printing land - Pour more concrete

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  1. #1

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    Printing land - Pour more concrete



    Reclamation of mega islands

    It seems HK gov are full of innovative ideas.

    Now that society has said 'NO' to further reclamation in Victoria Harbour they have a rather creative plan B. Reclaim land outside the harbour!!!

    Is it the lack of leadership or the real power brokers making decisions that result in the continuation of the 1970's policy 'Advancing society through large scale capital projects'

    With more land allocated to roads than private urban housing does HK still need big infrastructure projects to maintain forward economic momentum?

    Although printing land keeps our taxes low so we shouldn't complain!
    Last edited by East_coast; 06-01-2012 at 07:10 PM.

  2. #2

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    Original Post Deleted
    It is a stealth tax that you (or your landlord) have to borrow money from the bank and pay up front before you have earned it or would have considered spending it on goods and services. The huge reserve is just from taxes paid up front and seems to get squandered by the current administration on vanity projects.
    dear giant likes this.