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  1. Property - Hong Kong & China

    Rise in housing prices renews debate on affordability

    Posted Jul 11th 2014, 01:31am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Analysts say household affordability not the reason for higher property values but rather the imbalance between supply and demand Price rise renews debate on wealth Housing affordability is back in focus as property prices in the city show signs of picking up. According to BNP Paribas, indicators of housing affordability are stretched as household ...

    http://www.scmp.com/property/hong-kong-china/article/1551496/rise-housing-prices-renews-debate-affordability
  2. News - Hong Kong

    PLA sites not for housing, says security chief Lai Tung-kwok

    Posted Oct 09th 2013, 04:01pm by Lai Ying-kit

    ... into residential housing. There have been suggestions that some idle or underused military sites should be rezoned for “community use” or the building of residential flats amid the current housing ... that it was eyeing one military site for housing. In February, Secretary for Development Paul Chan Mo-po said the government was “working on” an idea for turning a PLA barracks in Kowloon Tong into a luxury ...

    http://www.scmp.com/news/hong-kong/article/1327913/pla-sites-not-housing-says-security-chief-lai-tung-kwok
  3. Property - Hong Kong & China - PROPERTY

    Government's affordable home drive protects mainland China jobs

    Posted Sep 15th 2014, 04:43am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Beijing's investment in cheap housing prevents large job losses in fragile private sector Affordable home drive protects mainland jobs The downturn ... government makes available, directly or indirectly, the financial means to boost social and affordable housing construction," it added. Job demand in the property sector rose 10.6 per cent ...

    http://www.scmp.com/property/hong-kong-china/article/1592734/governments-affordable-home-drive-protects-mainland-china
  4. Comment - Letters

    No housing shortage in Hong Kong, just not enough affordable flats

    Posted May 31st 2014, 04:43am by LETTERS

    ... No housing shortage, just not enough affordable apartments Rarely a day passes without a mention of "Hong Kong's housing shortage". It is used to justify new developments ... for the right buyer to come along. So, there is no housing shortage, but there is a shortage of affordable housing, which is a whole different story. Just recklessly building more is not going to solve ...

    http://www.scmp.com/comment/letters/article/1522252/no-housing-shortage-hong-kong-just-not-enough-affordable-flats
  5. Comment - Insight & Opinion

    Solution to affordable housing lies in increasing supply

    Posted May 17th 2014, 03:38am by SCMP Editorial

    ... of stamp duty. Even so, home prices are still out of reach for many prospective buyers. The ultimate solution lies in a steady supply of new housing in the short and longer term. The chief executive has pledged to provide more affordable flats, but the progress still leaves a lot to be desired. He has to redouble efforts to make good on his promise. ...

    http://www.scmp.com/comment/insight-opinion/article/1513898/solution-affordable-housing-lies-increasing-supply
  6. Property - Hong Kong & China

    Getting a flat in new affordable housing project in Beijing like winning a lottery

    Posted Feb 25th 2014, 11:07am by CELINE SUN; LANGI CHIANG

    ... Celine Sun in Beijing and Langi Chiang The city's latest affordable housing scheme leaves more than 140,000 applicants vying for just 2,000 homes in an outer district Buying ... are permanent residents of Beijing without a flat and those already enrolled for a unit in other government-subsidised affordable housing. The project, called Royal Scenery, is part of a broad plan ...

    http://www.scmp.com/property/hong-kong-china/article/1434747/getting-flat-new-affordable-housing-project-beijing-winning
  7. Comment - Insight & Opinion

    Steep management fees defeat purpose of providing affordable homes

    Posted Jul 31st 2014, 04:26am by SCMP Editorial

    ... of the private market can only turn to government-subsidised housing schemes. Still, these flats are not always as affordable as they should be. The latest subsidised project in Tai O attracted 12,500 ... for future projects will not go over the top. Otherwise it defeats the purpose of providing affordable housing to low-income earners. ...

    http://www.scmp.com/comment/insight-opinion/article/1562964/steep-management-fees-defeat-purpose-providing-affordable
  8. Business - Economy - INVESTMENT

    Australia’s RBA mulling more steps to curb housing investment lending

    Posted Oct 02nd 2014, 01:13pm by Reuters

    ... for investor finance, though not necessarily limited to that," Edey told a Senate inquiry into affordable housing. A preliminary announcement on the steps was likely to come before the end ... to making sure they would not harm housing affordability or the supply of new homes. Edey, who heads the financial system unit of the RBA, said regulators were trying to devise rules that would ...

    http://www.scmp.com/business/economy/article/1607624/australias-rba-mulling-more-steps-curb-housing-investment-lending
  9. No concrete measures to rein in rising house prices

    Posted Mar 06th 2010, 12:00am by Staff Reporter

    ... Yu Aitong Soaring housing prices in the past year have made home ownership a more distant dream for most mainlanders and Premier Wen Jiabao's work report yesterday did little to address their hopes for fresh, concrete measures to rein in the boom. Wen said the central government would 'resolutely curb the precipitous rise of housing prices in some cities and satisfy ...

    http://www.scmp.com/article/707821/no-concrete-measures-rein-rising-house-prices
  10. News - Hong Kong - HONG KONG

    Housing subsidy scheme targets low-income families

    Posted Oct 08th 2012, 04:00pm by Phila Siu

    ... Phila Siu About 30,000 low-income people who are inadequately housed are expected to benefit from a subsidy launched by the Community Care Fund on Monday. The charitable trust has set ... Chi-kwong, hopes to identify a specific group of low-income people – those who do not receive Comprehensive Social Security Assistance and do not live in public rental housing. At present, he said, ...

    http://www.scmp.com/news/hong-kong/article/1056388/housing-subsidy-scheme-targets-low-income-families

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