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  • September 20, 2014
  • Last updated: 2:19pm
Hong Kong




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Results 1 - 10 of 34 for subsidised flats

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

    Distant central bankers drive home prices up in Hong Kong

    Posted Sep 07th 2014, 03:56am by Jake Van Der Kamp

    ... and it is that these irresponsible monetary practices abroad have completely distorted our property market. I present the evidence of the chart, which shows that over the last six years prices of smaller flats, defined as having a floor area of 40 square metres or less, have risen 120 per cent in value while larger flats, 160 square metres or more, have risen only 33 per cent. The distinction is important. One ...

  2. Business - Comment - JAKE'S VIEW

    Housing- not science- is the best use of land at Science Park's fourth phase

    Posted Sep 09th 2014, 04:42am by Jake Van Der Kamp

    ... paying the writers of this app that Science Park has to sponsor them? How strange. Just asking. You may have noticed, by the way, that a disproportionate number of these subsidised tenants ...

  3. Business - Economy - JAKE'S VIEW

    Funding must be front and centre in debate on third runway

    Posted Sep 03rd 2014, 02:18pm by Jake Van Der Kamp

    ... Jake van der Kamp With HK$200b at stake, it is absurd to separate cost from any decision on a project that would clog our airport with subsidised minor airlines Funding crucial to third ... need a Ferrari, well, neither did they need to clog our runways by subsidising minor airlines to operate small aircraft to minor mainland towns in competition with Shenzhen. Their cynicism ...

  4. 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 ... years, the average HA flat rents for little more than HK$1,200 a month. In a city that is a byword for high-priced housing, a third of the population lives in some of the cheapest urban ...

  5. Business - Economy - JAKE'S VIEW

    Retire these amateurish efforts at pension reform

    Posted Sep 01st 2014, 02:33pm by Jake Van Der Kamp

    ... further mention in the news of this proposal for a universal flat-rate pension payment of HK$3,000 a month to anyone over the age of 65 with no means testing. Drop it, my dear colleagues. ...

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

    'Grim' retail sales index tells only fraction of story

    Posted Aug 03rd 2014, 04:25am by Jake Van Der Kamp

    ... "We could never move to a smaller flat cuz where would we put all of our stuff?" But then here is another of Jake's Patented Astonishing Facts for you. Most of what we buy (mainland ...

  7. 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

    ... are industries such as food packaging and motor vehicle repair. It is noteworthy, nonetheless, that the stock of flatted factory and storage space has remained static throughout. It currently stands ... prices of new residential flats. A puzzle indeed but it has a simple answer. The industrial space is no longer being used for industrial purposes only. Most of it is in use for retail operations, ...

  8. Business - Comment - JAKE'S VIEW

    Pension funding figures don't add up

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

    ... don't add up Everyone would be entitled to a flat-rate monthly pension from the age of 65 under an option being considered by an expert commissioned to lead a year-long government study ... It is true of bureaucrats but the figures indicate that better health has made most people happy to stay in work much longer. I think this latest flat-rate pension proposal will sink again as soon ...

  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

    ... with this Hong Kong angle. The first chart should set things straight. The blue line on top represents the nominal wage index, flat while the economy went through a severe bout of disinflation from 1998 ... the average gross yield (yearly rent as a percentage of market price) of private rental flats in Hong Kong. Don't bother yourself with which one is which. They are the same. Because of the Hong ...

  10. Business - Comment - JAKE'S VIEW

    Rich are easy target but tax offensive won't help the poor

    Posted May 01st 2014, 01:18am by Jake Van Der Kamp

    ... But it is not only because the rich flee that this simplistic hit-the-rich remedy does not work. The value of financial assets is a function of how much future income they can generate. A block of flats has ... generates and you change its wealth value. Tax the rental income of the block of flats and its value goes down. Do it too heavily and fewer rental flats will be built. Soon you have a housing ...




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