What's being said on facebook.com/southchinamorningpost
On HK property prices hitting a record in June, and on survey which shows that debt and pay cuts are top two sources of unhappiness for Hongkongers under 40.
Hong Kong government can do nothing because it is controlled by developers and big business interests.
Government should work to ensure citizens have a decent place to own and stay in instead of implementing measures to dissuade people from buying one.
The easiest way to allow free play in the property sector (without sabotaging and distorting market forces with taxes/rebates) yet ensure property prices don't jeopardise the financial system, is to increase upfront cash payment and lower loan entitlement for subsequent purchases.
Ever- rising property prices have proved that the government's measures to cool down the real estate market are unsuccessful. There must be other measures to supplement the existing ones.
Tiny flats with extremely high rent, low salary with long working hours, minimum benefits from the govt. Competitiveness makes it extremely difficult to get a decent job. I think it's rather difficult to become happy in a city like HK. Especially those who are the breadwinner in the family.
HK is never stable, it is highly affected by the external environment. HK was only a fishing port, then colonised by British, invaded by Japan, returned to China. But now, Hongkongers can have a say! They should make their future by themselves. Don't always complain about having no future.
The unhappiness is not just simply contributed by physical needs, HK residents (not only those below 40) see no future!
The govt should improve the situation for elderly who are unwell and short of money.
