Property News · October 5, 2016

Hong Kong’s real problem is not shortage of homes, but affordability of homes


One way the shortage of housing could have been avoided is through the plot ratio, which is used to control development
Richard Wong, Back to Business, October 5
I greatly respect Richard Wong’s scholarship in housing matters but sometimes I think he should take a year away from that pristine university environment and become an estate agent in the trenches of the property market.
In my view the housing shortage is a misnomer and he has ignored interest rates, the real driving force of…

Source : South China Morning Post
Read more…Hong Kong’s real problem is not shortage of homes, but affordability of homes

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