{"id":105611,"date":"2019-03-30T21:25:11","date_gmt":"2019-03-30T14:25:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-crisis-cant-wait-for-long-term-solutions\/"},"modified":"2019-03-30T23:08:56","modified_gmt":"2019-03-30T16:08:56","slug":"hong-kongs-housing-crisis-cant-wait-for-long-term-solutions","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-crisis-cant-wait-for-long-term-solutions\/","title":{"rendered":"Hong Kong\u2019s housing crisis can\u2019t wait for long-term solutions"},"content":{"rendered":"


\nThe government\u2019s 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\u2019s expanding population and to relieve the city of its land shortages. All\u2019s fair\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s housing crisis can\u2019t wait for long-term solutions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government\u2019s recent unveiling of the costs for its Lantau Tomorrow Vision proposal has divided...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-105611","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rtp","jetpack-related-posts":[{"id":122284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-world-development-launches-non-profit-that-will-seek-innovative-solutions-to-citys-housing-issues\/","url_meta":{"origin":105611,"position":0},"title":"Hong Kong\u2019s New World Development launches non-profit that will seek innovative solutions to city\u2019s housing issues","date":"September 29, 2021","format":false,"excerpt":"\r New World Development (NWD) has launched a non-profit social housing enterprise that will come up with innovative policies to solve Hong Kong\u2019s deep-rooted housing issues.The enterprise, New World Build for Good, will conduct research in multiple directions and lead future pilot programmes as it seeks short to medium-term solutions,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/there-is-no-instant-fix-for-hong-kongs-housing-crisis\/","url_meta":{"origin":105611,"position":1},"title":"There is no instant fix for Hong Kong\u2019s housing crisis","date":"August 30, 2022","format":false,"excerpt":"\r Last July, Hong Kong and Macau Affairs Office Director Xia Baolong challenged the city\u2019s administrators to resolve this crisis by 2049. This July, Hong Kong\u2019s new leader, John Lee Ka-chui, vowed not to let the 6.1-year wait time for public housing deteriorate.\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106135,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vacancy-tax-is-a-short-term-solution-to-hong-kongs-long-term-housing-shortage-crisis\/","url_meta":{"origin":105611,"position":2},"title":"Vacancy tax is a short-term solution to Hong Kong\u2019s long-term housing shortage crisis","date":"April 16, 2019","format":false,"excerpt":"\r The Hong Kong government plans to introduce a vacancy tax on empty new flats to pry open supply bottlenecks by imposing fines on developers for hoarding new homes. Under the proposed legislation, a tax equivalent to twice the estimated annual rental value will be levied on flats that remain\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121625,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tenancy-control-on-subdivided-flats-a-step-forward-not-long-term-solution-to-hong-kongs-housing-crisis\/","url_meta":{"origin":105611,"position":3},"title":"Tenancy control on subdivided flats: a step forward, not long-term solution to Hong Kong\u2019s housing crisis","date":"August 24, 2021","format":false,"excerpt":"\r Housing crisis has long been a pressing issue for Hong Kong, one of the most expensive property markets in the world.Amid a lack of affordable housing, the waiting time for public rental housing is 5.8 years on average. Many low-income households therefore have no choice but to live in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-chief-executive-john-lee-must-streamline-planning-process-boost-transitional-homes-to-address-hong-kongs-housing-crisis-experts-say\/","url_meta":{"origin":105611,"position":4},"title":"New Chief Executive, John Lee, must streamline planning process, boost transitional homes to address Hong Kong\u2019s housing crisis, experts say","date":"July 6, 2022","format":false,"excerpt":"\r Industry experts are calling on Chief Executive John Lee Ka-chiu to speed up the building of transitional housing, streamline the planning process, and relax curbs on reselling as short-term measures to address a chronic shortage of flats.\r \r Source : South China Morning Post\r Read more...New Chief Executive, John\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121429,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-crisis-how-much-of-the-blame-for-homes-crunch-lies-with-citys-property-developers\/","url_meta":{"origin":105611,"position":5},"title":"Hong Kong\u2019s housing crisis: how much of the blame for homes crunch lies with city\u2019s property developers?","date":"August 13, 2021","format":false,"excerpt":"\r In the last of a three-part series on Hong Kong\u2019s housing crisis, the Post looks at the city\u2019s property developers and their role in the dire situation. Read part one here and part two here.Thousands of new high-rise homes have come on the market over the past two years\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105611"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=105611"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105611\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}