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  • November 22, 2014
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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. 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 ...

  3. 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% ...

  4. 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 ...

  5. 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 ...

  6. 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 ...

  7. Housing completion data is only half of the equation

    Posted Apr 22nd 2008, 12:00am by Jake Van Der Kamp

    ... a transport and housing bureau and a housing authority and they all like to publish figures on housing supply. Trouble is they mostly don't talk to each other before they do it. I can cite five ... with slower population growth and that this is in turn matched by a slowdown in the growth of the housing stock. I wish I could be more certain of these numbers than I am. I'm happy ...

  8. As US housing market weakens, ours gets stronger

    Posted Nov 28th 2007, 12:00am by Jake Van Der Kamp

    ... is that while the US housing market is looking ever weaker, the Hong Kong one is looking ever stronger. For starters, home prices are starting to pick up again in response to falling interest rates ... on average doubled. Shall we call this the tables turned? We are certainly a long way from the financing troubles of the US housing market. The three-month delinquency ratio for mortgages, ...

  9. Pampered public housing tenants never satisfied

    Posted Jul 09th 2008, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp A motion was passed yesterday demanding a timetable from the government to resume the Home Ownership Scheme to sell public housing to tenants. The motion was passed, with nine votes in support and three against, in the Legislative Council housing panel meeting. Post, July 8 Quake in your boots. Legco's housing panel has spoken and its powers are enormous. ...

  10. Time for public housing tenants to pay up

    Posted Jul 22nd 2003, 12:00am by Jake Van Der Kamp

    ... HERE IS AN indicator for how the Housing Authority should look at its finances. Go for a walk through a Housing Authority car park and count the number of Mercedes and BMWcars. If you do it on your fingers, you will have run through both hands before you get more than a few steps past the gate. What we have in public housing is a grandly conceived programme to provide people ...




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