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  • July 26, 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

    ... this year. At one time this did not matter. Income from public-sale housing, the Home Ownership Scheme, covered the cost of building rental flats. And when HOS was finally wound down in 2004, ... subsidised with free land, the biggest treasure we have in the public purse. What to do? Quite simple, say I. We already pay public housing tenants to live in public housing. They don't pay us. ...

    http://www.scmp.com/business/article/1549258/housing-authority-must-raise-public-housing-rents-or-run-out-money
  2. 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

    ... Jake van der Kamp Permanent stimulus putting China's health at risk The Ministry of Finance recently urged local governments to speed up fiscal spending, while the People's Bank ... as it is in personal health and where that debility plays out in the economy is in the health of the financial system. Specifically, continued stimulus endangers the recoverability of advances made ...

    http://www.scmp.com/business/economy/article/1534348/permanent-stimulus-putting-chinas-economic-health-risk
  3. Comment - Insight & Opinion - JAKE'S VIEW

    Police can handle Occupy protest, so why the paranoia from Beijing?

    Posted Jul 13th 2014, 03:25am by Jake Van Der Kamp

    ... it is the troublemakers who bring about the greatest reforms or, at least change. Mao Zedong was a troublemaker and yet his face still graces every banknote in China. Public dispute is essential to social advance. It is how society works out where public effort should go. But while public security officials in Beijing do not have to put up with such notions at home, it frustrates them enormously ...

    http://www.scmp.com/comment/insight-opinion/article/1552875/police-can-handle-occupy-protest-so-why-paranoia-beijing
  4. Business - Comment - JAKE'S VIEW

    Ungrateful arts leaders owe public an apology over West Kowloon project

    Posted Jun 03rd 2014, 12:29am by Jake Van Der Kamp

    ... Jake van der Kamp jake.vanderkamp@scmp.com Mix public funding with the arts in this town and what you get is a fixation with costly, fancy buildings, mostly of the windowless sort Ungrateful arts leaders owe public an apology The government's non-committal attitude towards building the third phase of the West Kowloon Cultural District is not just an insult to the arts ...

    http://www.scmp.com/business/article/1524094/ungrateful-arts-leaders-owe-public-apology-over-west-kowloon-project
  5. Business - Banking & Finance - JAKE'S VIEW

    Losers' Clubs spend good money on bad ideas

    Posted Jul 10th 2014, 04:55am by Jake Van Der Kamp

    ... the other way round. I have never seen such a thing as a shortage of investment capital. The only shortage is of good ideas for investment in things the public wants so much that it is willing ... for the public even if the public chooses not to buy them at their full cost and must be made to pay out of taxes instead of by choice. Who decides what is so very good? How do they know? What gives them ...

    http://www.scmp.com/business/banking-finance/article/1550671/losers-clubs-spend-good-money-bad-ideas
  6. 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 the heart of the lease conversion system on which much of our public revenue depends. But it does mean that we now have widespread illegal use of industrial space with government officials, ...

    http://www.scmp.com/property/article/1545172/hong-kongs-simple-answer-its-industrial-land-space-puzzle
  7. 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

    ... 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 ...

    http://www.scmp.com/business/article/1543904/rise-interest-rates-something-welcome-not-worry-about
  8. News - Hong Kong - JAKE'S VIEW

    Is the latest health-cost scare a trial balloon for GST?

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

    ... Jake van der Kamp jake.vanderkamp@scmp.com Is the latest health-cost scare a trial balloon for GST? Hong Kong will have to spend much more than expected on elderly health care in future, ... growth in a $48.8 billion health bill, which is a figure in nominal terms. Let's get this straight, shall we, folks. It makes an enormous difference when we're talking figures up ...

    http://www.scmp.com/news/hong-kong/article/1300951/latest-health-cost-scare-trial-balloon-gst
  9. Comment - Insight & Opinion - JAKE'S VIEW

    HK Electric may be right about idea of importing power from mainland China

    Posted Jun 08th 2014, 05:30am by Jake Van Der Kamp

    ... Jake van der Kamp HK Electric has most powerful reasoning in electricity debate The government is currently seeking public opinion on options for the future of the city's power ... government seeking public opinion. HK Electric has been e-mailing customers recently, asking them to speak out against mainland power, and even China Light, careful with its words, says the Hong ...

    http://www.scmp.com/comment/insight-opinion/article/1527546/hk-electric-may-be-right-about-idea-importing-power-mainland
  10. Comment - Insight & Opinion - JAKE'S VIEW

    There's no proof that graft has harmed China's market development

    Posted Jun 01st 2014, 04:33am by Jake Van Der Kamp

    ... of corruption and I regard the theft of public assets as a crime. I repeat … But this statement of moral position misses the point. The question here is rather one of practicality. Has corruption truly ... is a public sector phenomenon. It happens when A deals with B on C's account, which describes expenditure in the public sector. The bureaucrat deals with the contractor on the taxpayer's ...

    http://www.scmp.com/comment/insight-opinion/article/1522679/theres-no-proof-graft-has-harmed-chinas-market-development

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