Redeveloped Homes Too Expensive The Urban Renewal Authority is having trouble maintaining the social makeup of the Kwun Tong redevelopment site, a goal they declared in 2007 when they took over. The authority offered affected homeowners the chance to purchase flats in the new residential Park Metropolitan building before other buyers, but the response was underwhelming: only one person out of 1,600 has opted-in. A 600 sq. ft. Park Metropolitan flat costs around $6.5 million. Homeowners of an apartment roughly the same size before redevelopment received about $3 million in compensation four years ago, leaving residents roughly $2 million short after inflation. Our take : Graham Street Market and now this—is there anything the URA is doing right these days? Public Housing Harder for Degree Holders The Housing Authority is looking into deducting marks for applicants with a tertiary degree. This comes after a report finding that more than 47 percent of the 230,000 applying for public housing went to college. The government says they should focus resources to the more marginal groups as graduates generally earn a higher income. Legislator Kenneth Leung Kai-cheung adds that many are abusing the system. Long Term Housing Strategy Steering Committee member Wong Kun says the proposal shows that the authority has no grasp of challenges young people face, such as increased debt and housing costs. Our take : It’s harder and harder for young people to afford flats. Isn’t that the thing to fix? Andy Lau, Hong Kong Kids’ Idol What’s the new Hong Kong dream? Children say in a survey that they most aspire to become like popular actor Andy Lau Tak-wah. The results are based on the Hong Kong Institute of Family Education’s survey of 722 children, aged 6-18. Andy Lau tops the list, and Facebook co-founder Mark Zuckerberg comes second. Dad and mom take third and fifth place, respectively. Others on the list include basketball player Jeremy Lin, Olympic cycling bronze medalist Sarah Lee Wai-sze and singer Lady Gaga. An expert says the list suggests that children want to develop their own interests. One woman tells Apple Daily that if Andy Lau were Chief Executive, she would happily do whatever he said. Our take : Can’t act, can’t sing, can model a little: Andy Lau’s a true inspiration.