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  1. Return of the bubble?

    Posted Oct 18th 2003, 12:00am by Staff Reporter

    ... property prices. Without clear fundamental factors to support such prices in the long run, this could bring back the property market bubble, which some buyers seem to have forgotten so quickly, ...

  2. News - Hong Kong - HOUSING

    Rental component in housing plan for Hong Kong middle class may be dropped

    Posted Aug 18th 2012, 12:00am by Joyce Ng

    ... rent part Housing minister Anthony Cheung Bing-leung said a new rent-or-buy housing programme for the middle class could be reviewed in the upcoming long-term housing strategy. In response to a housing adviser's earlier suggestion that the rental option of the My Home Purchase Plan should be dropped to satisfy the keen demand in buying, Cheung said yesterday that he would not rule ...

  3. What's being said on facebook.com/southchinamorningpost

    Posted Apr 11th 2012, 12:00am

    ... On Financial Secretary John Tsang warning potential homebuyers of a property bubble: Patrick Shu Wing-lee- It is too late and useless... [It is] necessary to implement effective measures before the bubble bursts. While the speculators benefit, most people suffer. High property prices and rents have pushed up inflation, and those with low incomes suffer most. Bruce Lee- Funny how ...

  4. The big squeeze

    Posted Apr 18th 2007, 12:00am by Patsy Moy

    ... bubble. Official statistics put the median monthly income at HK$17,000 last year- HK$2,000 less than before the handover. It may not seem like much, but Fung says the middle class is shrinking ... in their own homes within a decade. 'We used to live a comfortable life renting a village house in Tai Po for HK$7,000 a month. But the mortgage cost HK$17,000 a month, which was about half our ...

  5. News - Hong Kong - CITY BEAT

    Society has a role to play in resolving HK's housing crisis

    Posted Aug 20th 2012, 12:00am by JOANNA CHIU

    ... Joanna Chiu Decent, affordable homes should be a right, but this will only happen if all of society supports it Politicians alone cannot resolve this housing scandal Yesterday's ... on the streets or at a McDonald's restaurant than be in their own homes. The shortage of safe, hygienic low-income housing is the most urgent social issue in the city. About 189,500 people ...

  6. Lifestyle - Family & Education

    Hong Kong ill prepared to care for middle-class retirees

    Posted Nov 04th 2012, 12:00am by Elaine Yau

    ... Elaine Yau elaine.yau@scmp.com As the average age of Hongkongers rises, housing for elderly middle-class people is becoming an issue, writes Elaine Yau Homestretch Retirees Sidney Lam ... of HK$600,000 to the Hong Kong Housing Society, which manages the development, to live in the flat for the rest of their lives. Although they don't have ownership of the property, they reckon ...

  7. Indigenous villagers struggling to get small house with shortage of land

    Posted Jul 01st 2012, 12:00am

    ... the right to build a small house if I have a plot of land. This is becoming more difficult, as land is now limited. The maximum size permitted is 700 square foot per floor, but building a house of this size is subject to the size of plot of land available. It costs a great deal of money to get someone to build the house. Our ancestors and their descendants have lived in the same village ...

  8. Housing crunch 'could have been averted'

    Posted Jun 28th 2012, 12:00am

    ... was the administration's refusal to accept his proposals to relieve the city's housing crunch. The outgoing Central Policy Unit chief said he urged the government to take a more proactive role in increasing the housing supply and slowing the rise of property prices, but found leaders reluctant. 'We have been researching the land-and-housing issue for several years. We could have done more, years ...

  9. Ex-industrial sites chosen for public housing

    Posted Jun 18th 2012, 12:00am

    ... Joyce Ng joyce.ng@scmp.com Four former industrial sites have been identified for public housing use, Financial Secretary John Tsang Chun-wah said yesterday. Reviewing his work on housing land supply, Tsang, tipped to be staying in his post in the next administration, wrote on his blog that he would continue to lead a steering committee on housing land supply and explore new ...

  10. Trouble ahead over proposal to end small-house policy

    Posted Jun 14th 2012, 12:00am

    ... the small-house policy and reform the city's welfare system. Lau Wong-fat, chairman of rural affairs body the Heung Yee Kuk, gave a guarded response when told of development minister Carrie Lam Cheng Yuet-ngor's latest remarks on the small-house policy. 'This is only her view and only what she told you. I have never heard about that. I don't want to comment,' Lau said. Junius Ho ...




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