Property News · March 30, 2019

Hong Kong’s housing crisis can’t wait for long-term solutions


The government’s recent unveiling of the costs for its Lantau Tomorrow Vision proposal has divided the city: one half is concerned at allegedly exorbitant costs, although some estimates say the project will most likely turn in an eventual surplus; the other half seems to see it as a panacea to systemic housing issues. The official pitch is that the project is a long-term solution, designed to deal with Hong Kong’s expanding population and to relieve the city of its land shortages. All’s fair…

Source : South China Morning Post
Read more…Hong Kong’s housing crisis can’t wait for long-term solutions

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