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  • April 16, 2014
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  1. 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 ...

    http://www.scmp.com/comment/insight-opinion/article/1413662/housing-authority-has-no-business-being-shopping-mall
  2. Comment - Insight & Opinion - JAKE'S VIEW

    How John Tsang's 'cooling' measures turned up the heat on the poor

    Posted Feb 23rd 2014, 05:07am by Jake Van Der Kamp

    ... Jake van der Kamp How 'cooling' measures turned up heat on the poor Unknown to most, proposed tax measures had quietly but steadily deflated the bubble that was threatening ... that magnet to the world's big crooks, still has a booming property market. This should not be surprising. Housing prices everywhere in recent years have been driven up not by shortages of supply ...

    http://www.scmp.com/comment/insight-opinion/article/1433394/how-john-tsangs-cooling-measures-turned-heat-poor
  3. Business - Comment - JAKE'S VIEW

    Low rates, not lack of flats blowing Hong Kong's property bubble

    Posted Sep 02nd 2012, 12:00am by Jake Van Der Kamp

    ... Jake Van Der Kamp C.Y. Leung appears not to understand that low rates are the real driver in city's property bubble Lack of flats is not what's sending home prices up ... he talks of housing he attributes high property prices to a shortfall of available flats and proposes that we start up more public-housing construction, entirely ignoring that the cause ...

    http://www.scmp.com/business/article/1027831/low-rates-not-lack-flats-blowing-hong-kongs-property-bubble
  4. Business - Banking & Finance - JAKE'S VIEW

    Beijing's foreign exchange policy nothing but a silly game

    Posted Mar 02nd 2014, 03:42am by Jake Van Der Kamp

    ... will have to pay dearly if it wishes to maintain the illusion of the yuan as an international currency. If it stops pushing the yuan up, the illusion will pop like a soap bubble. In short, it's ...

    http://www.scmp.com/business/banking-finance/article/1438124/beijings-foreign-exchange-policy-nothing-silly-game
  5. Business - Comment - JAKE'S VIEW

    Wasteful subsidies miss the point on real innovation

    Posted Mar 11th 2014, 12:53am by Jake Van Der Kamp

    ... it and this is done when they do not have to spend their entire working days struggling just to feed and house themselves. When prosperity reaches down to them, the result is a natural blossoming ...

    http://www.scmp.com/business/article/1445617/wasteful-subsidies-miss-point-real-innovation
  6. Comment - Insight & Opinion - JAKE'S VIEW

    The limitations of government may sell us a pup on housing

    Posted Jan 20th 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp The limitations of government may sell us a pup on housing "Supply shortage lies at the heart of the prevailing housing problem … the public and private sectors ... an indication of oversupply, not of shortage. I have been a little uncomfortable with this estimate of our housing stock, however, as it doesn't accord well with figures from the Rating ...

    http://www.scmp.com/comment/insight-opinion/article/1131759/limitations-government-may-sell-us-pup-housing
  7. Business - Economy - JAKE'S VIEW

    Hong Kong doesn't need Morlocks from the Delta to fix labour woes

    Posted Feb 24th 2014, 03:51pm by Jake Van Der Kamp

    ... But he at least recognises one significant difficulty here. We simply don't have the housing to accommodate them. He therefore proposes that we wash our hands of this problem by telling them to find housing across the border and commute to work every day. It's the Singapore solution. Just close your eyes to their squalid living conditions. It has nothing to do with you if they do ...

    http://www.scmp.com/business/economy/article/1434083/hong-kong-doesnt-need-morlocks-delta-fix-labour-woes
  8. Business - Economy - JAKE'S VIEW

    Tsang mistakes full employment (good) for a manpower shortage (bad)

    Posted Feb 19th 2014, 11:19am by Jake Van Der Kamp

    ... to put out a house fire and the bucket brigade is not long enough to stretch from the pond to the house. To speak of it in economic terms is to assume that there is likewise a pressing, ... for no unanimous opinion or even a majority. This is not to say we have no common goals. We are all agreed on the need for good housing, good medical care and good transport facilities, to name just a few ...

    http://www.scmp.com/business/economy/article/1430943/tsang-mistakes-full-employment-good-manpower-shortage-bad
  9. Business - Comment - JAKE'S VIEW

    MPF 'scandal' of overcharging deserves scrutiny by SFC

    Posted Feb 13th 2014, 01:24am by Jake Van Der Kamp

    ... Provident Fund providers after Haitong International became the first fund house to waive investment management fees. SCMP, February 11 It's a promotional gimmick, of course. Haitong has only ... foreign-owned, finance houses. Let's cut to the chase. Let's say that Vanguard fund managers are twice as competent as MPF managers and can therefore do for 0.17 per cent what MPF managers can ...

    http://www.scmp.com/business/article/1426708/mpf-scandal-overcharging-deserves-scrutiny-sfc
  10. Business - Comment - JAKE'S VIEW

    Crux of Hong Kong's pricey homes lies with Fed policies

    Posted Sep 05th 2013, 12:00am by Jake Van Der Kamp

    ... may now be induced to overbuild housing. The last time we did this we got what the second chart shows, a supply bubble four years after a price bubble and a price collapse made much worse ... Jake Van Der Kamp We may end up overbuilding by wrongly attributing high housing prices to shortages Crux of HK's pricey homes lies with Fed policies A cloud was cast over ...

    http://www.scmp.com/business/article/1303464/crux-hong-kongs-pricey-homes-lies-fed-policies

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