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What Hong Kong must do to solve the city’s perennial housing and land shortage problems


Chief Executive Carrie Lam Cheng Yuet-ngor in her final policy address on October 6 highlighted measures to tackle Hong Kong’s housing and land shortages.She introduced and outlined the Northern Metropolis development strategy, with the aim of creating more land resources for residential, IT and other uses over the next 20 years. However, infrastructure provisions in remote areas may constrain development in the proposed hub. On top of that, the current plot ratio is set as low as 0.2, posing…

Source : South China Morning Post
Read more…What Hong Kong must do to solve the city’s perennial housing and land shortage problems

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