Answer the following questions:
1 Why did the government stop selling HOS flats in 2003?
a. The government could not sell them successfully.
b. The government cannot make any profit selling them.
c. The property developers said the flats had contributed to falling property values.
d. The government did not have money to build them.
2 How many new flats came on the market in 2009?
3 Why has the government agreed to sell the surplus HOS flats now?
a. Private flats have become so expensive many cannot afford to buy one.
b. The economy is improving, which will boost sales.
c. There is a shortage of new flats on the market.
d. It cannot think of what else to do with the surplus 4,000 flats.
4 Eva Cheng believes that:
a. resuming the building and selling of HOS flats will not solve the property shortage in Hong Kong.
b. selling the surplus HOS flats alone will solve the property shortage in Hong Kong.
c. the suspension of HOS projects has led to rising prices in the property market.
d. the government should increase land supply to build more houses.
1 What are some of the reasons for rising property prices in Hong Kong?
2 Should the government resume building and selling HOS flats in the long term? Why?
3 Debate: It's better to rent than buy a flat in Hong Kong.
1 Find out the prices of three similar sized flats - one in the New Territories, one in Kowloon and one on Hong Kong Island - and compare them.
2 Write a list of reasons explaining the difference in price between the flats in different areas.
3 Make a collage of pictures and text describing your dream home. Present it to your class.
Reading comprehension: 1. c, 2. d, 3. b, 4. c