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  • July 14, 2014
  • Last updated: 11:33pm
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  1. Business - Comment - JAKE'S VIEW

    Housing Authority must raise public housing rents or run out of money

    Posted Jul 08th 2014, 12:45am by Jake Van Der Kamp

    ... Jake van der Kamp Housing Authority will run out of money if it continues building flats without raising rents that are already among the lowest in urban world High time we stopped paying this rent Professor Raymond So Wai-man, who chairs the Housing Authority's finance committee, said it may need to ask for more funding as its coffers will have dwindled to HK$28.2 billion ...

  2. Property - Comment - JAKE'S VIEW

    Hong Kong's simple answer to its industrial land space puzzle

    Posted Jul 03rd 2014, 02:06am by Jake Van Der Kamp

    ... to industrial land puzzle The government's bias towards housing development in planning policy has left business owners crying out for industrial space. SCMP Property, July 2 Let me present you ... of scarce land. If our chief executive wants to find more land for housing, one good place to start is a fundamental rethink about industrial zoning and leases. It would be a big job but large-scale ...

  3. Business - Comment - JAKE'S VIEW

    Rise in interest rates is something to welcome, not worry about

    Posted Jul 01st 2014, 04:05am by Jake Van Der Kamp

    ... housing. The reason prices are so high and once again climbing is not a dire shortage of housing. There may be a shortage but it is not dire. Even the government's recent housing aspirations survey, conducted to justify starting a big public housing initiative, showed that demand for separate accommodation was more based on convenience than necessity. Prices are up because a prolonged ...

  4. Business - Economy - JAKE'S VIEW

    Permanent stimulus is putting China's economic health at risk

    Posted Jun 17th 2014, 04:41am by Jake Van Der Kamp

    ... such as railways and social housing construction. SCMP, June 14   I personally have never found any need for amphetamines but I know people who do and I recognise their effect. I recognise it in economic ... housing. I have never been quite sure what the term means but invariably it implies heavy subsidy of housing costs. This will be all very well if Beijing provides the subsidy but I suspect ...

  5. Comment - Insight & Opinion - JAKE'S VIEW

    Housing Authority has no business in being a shopping mall landlord

    Posted Jan 26th 2014, 05:00am by Jake Van Der Kamp

    ... Jake van der Kamp Authority has no business in being a shopping landlord "Let me repeat: the [housing] authority will continue to manage these commercial facilities and has no plans for further divestment." Duncan Pescod, Director of Housing Letters to the Editor, January 23 Note the tone of authority in this statement- "Let me repeat." It is rare these days ...

  6. Business - Comment - JAKE'S VIEW

    Plan for housing- not our dying ports

    Posted Nov 26th 2013, 03:02am by Jake Van Der Kamp

    ... for housing- not our dying ports "Transshipment is the last fort of Hong Kong's port business and if we lose that it will mark the end of our port." Alan Lee Yiu-kwong HK Container Terminal Operators Association SCMP, November 25 Mr Lee has thus complained to the Transport and Housing Bureau that ports across the border are illegally taking business from Hong Kong by inciting ...

  7. Business - Comment - JAKE'S VIEW

    Pension funding figures don't add up

    Posted May 29th 2014, 12:44am by Jake Van Der Kamp

    ... is the only sum I have yet heard mentioned. It may be just enough for the purpose provided that all housing, medical and special needs costs are separately met and that the beneficiaries have no taste ...

  8. Business - Comment - JAKE'S VIEW

    The young and the restless star on public housing list

    Posted Oct 31st 2013, 02:52am by Jake Van Der Kamp

    ... The young and the restless star on public housing list Today a series of excerpts on the waiting list for public housing from the appendices of last month's Long Term Housing Strategy ... coming in. At this rate we shall pretty soon have to rename it the student housing waiting list. "45% of the non-elderly one-person applicants lived in private permanent housing while 23% ...

  9. Business - Comment - JAKE'S VIEW

    US dollar peg to blame for high private rentals in Hong Kong

    Posted May 06th 2014, 12:32am by Jake Van Der Kamp

    ... to 2005 and rising since that time. The lower red line represents average private housing rents, way down with the disinflation and only back last year where they were in 1998. It was not the wages that were stagnant here. But, of course most workers do not live in private rental housing. Their landlord is the government's Housing Authority and its rents are on average now about ...

  10. Business - Comment - JAKE'S VIEW

    Public housing plan is a case of too much, too late

    Posted Aug 01st 2013, 12:00am by Jake Van Der Kamp

    ... Public housing plan is a case of too much, too late "We have come to some consensus as to the future direction. Given the current demand, the government should take a more active role in providing public housing." Anthony Cheung Bing-leung Housing Secretary, SCMP, July 26     There are many questionable assumptions underlying this statement but I shall focus on one. ...




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