https://www.scmp.com/rss/327033/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Controversies over scarcity of land and slowing social mobility are symptoms of deeper malaise in Hong Kong’s economy. It may not appear evident at first, but income inequality in Hong Kong – among the highest in the developed world – arises in part from an inequality more difficult to quantify: of wealth.  Wealth can be understood as accumulated capital. Assets such as property, investments, collections of antiques, etc accumulate in value, and in Hong Kong wealth is concentrated in the hands... https://www.scmp.com/comment/insight-opinion/article/2144547/how-reviving-hong-kongs-estate-duty-could-help-restore?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/2144547/how-reviving-hong-kongs-estate-duty-could-help-restore?utm_source=rss_feed Fri, 04 May 2018 03:45:02 +0000