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  • July 26, 2014
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  1. 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 ...

  2. 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. ...

  3. Comment - Insight & Opinion

    Raising the minimum wage to HK$36 an hour is both needed and affordable

    Posted Jul 02nd 2014, 12:54pm by GEORGE CAUTHERLEY

    ... George Cautherley George Cautherley does the sums to show that raising the minimum wage to HK$36 an hour will not only help low-wage earners make ends meet, but is also affordable ... are being subsidised by those who can least afford it, the underpaid workers themselves. One common reason cited for suggesting a minimum wage freeze is that any rise would cause inflation. We ...

  4. Comment - Insight & Opinion

    Affordable living in Hong Kong becomes ever more elusive

    Posted May 26th 2014, 07:42pm by Peter Kammerer

    ... Peter Kammerer Peter Kammerer says Hongkongers who put up with high rents and ever shabbier flats can't help but envy public housing generosity Affordable living My rule of thumb when ... jealous of public housing tenants living at the Kai Tak redevelopment. Two public estates have recently opened, Kai Ching and Tak Long, providing housing for 26,000 people. The flats are typically ...

  5. Business - Comment - MR. SHANGKONG

    A house is not a home until it becomes affordable

    Posted Mar 04th 2013, 12:00am by George Chen

    ... is how the government can ensure people can better afford to buy property. Public housing is one way to allow more ordinary people, in particular those with low incomes, to obtain their first ... George Chen Rather than blaming developers, non-local buyers and the US Fed for high property prices, government should focus on how to make HK people rich A house is not a home until ...

  6. Comment - Insight & Opinion - LEADER

    Deliver flats at affordable prices

    Posted Mar 03rd 2014, 03:18am by SCMP Editorial

    ... SCMP Editorial Deliver flats at affordable prices There is no magic solution to the housing shortage in Hong Kong. Yet expectations have been raised ever since Chief Executive Leung Chun-ying pledged in his manifesto to provide more affordable housing. The stakes were raised even higher when the government committed to deliver 470,000 flats over the next decade, 40 per cent ...

  7. Comment - Insight & Opinion

    Affordable housing requires not more land but wiser use

    Posted Jan 10th 2013, 12:00am

    ... SCMP Editorial Housing needs wiser land use Chief Executive Leung Chun-ying has made ensuring affordable housing a priority. But we are repeatedly told that there is not enough available ... indigenous male villagers, as stipulated under the 1972 small-house policy. Leung has set a target of ensuring 20,000 flats are built each year. That is in keeping with projections ...

  8. Comment - Insight & Opinion

    Lack of affordable housing is behind the Fa Yuen tragedy

    Posted Aug 31st 2012, 12:00am

    ... units across the territory. The problem goes back to an inadequate supply of affordable housing. No one will go against common sense to live in a death trap if there is a choice. That subdivided ...

  9. Comment - Insight & Opinion

    Government cannot afford to relax in keeping a stable housing market in Hong Kong

    Posted Aug 20th 2012, 12:00am

    ... SCMP Editorial Keep weather eye on house market The aggressive bidding for a Tsuen Wan commercial and residential site, which sold for 13 per cent more than top expectations, reflected ... sale prices at 85 large housing estates, flats on the secondary market broke a record set in October 1997, and rents set a record, too. In the first six months of the year, the index ...

  10. Comment - Insight & Opinion

    Hong Kong’s middle class priced out of the housing market

    Posted Jun 02nd 2014, 08:13pm by LINA VYAS

    ... little help from the government, yet many cannot afford private housing on their own. Buying a home is expensive in Hong Kong. Even very small apartments cost a fortune, and the first-time buyer ... is that with the rising construction costs and labour shortages, it is getting increasingly challenging for property developers to keep housing affordable. The situation is expected to get worse over the next few ...




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