{"id":28691,"date":"2016-10-05T15:30:00","date_gmt":"2016-10-05T08:30:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-real-problem-is-not-shortage-of-homes-but-affordability-of-homes\/"},"modified":"2016-10-05T15:33:36","modified_gmt":"2016-10-05T08:33:36","slug":"hong-kongs-real-problem-is-not-shortage-of-homes-but-affordability-of-homes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-real-problem-is-not-shortage-of-homes-but-affordability-of-homes\/","title":{"rendered":"Hong Kong\u2019s real problem is not shortage of homes, but affordability of homes"},"content":{"rendered":"


\nOne way the shortage of housing could have been avoided is through the plot ratio, which is used to control development
\nRichard Wong, Back to Business, October 5
\nI greatly respect Richard Wong\u2019s 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.
\nIn my view the housing shortage is a misnomer and he has ignored interest rates, the real driving force of…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s real problem is not shortage of homes, but affordability of homes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One way the shortage of housing could have been avoided is through the plot ratio,...<\/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-28691","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\/p75ss1-7sL","jetpack-related-posts":[{"id":111885,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-third-quarter-housing-supply-shrinks-adding-weight-to-policymakers-task-to-improve-affordability\/","url_meta":{"origin":28691,"position":0},"title":"Hong Kong\u2019s third-quarter housing supply shrinks, adding weight to policymakers\u2019 task to improve affordability","date":"October 25, 2019","format":false,"excerpt":"\r Hong Kong\u2019s property developers are completing homes at a slower pace, at precisely the time of their greatest need, a problem that underscores the housing shortage that has push affordability beyond the reach of an increasing number of buyers.The number of completed private residential units fell 31.3 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unit-of-li-ka-shings-hutchison-submits-plan-to-build-15075-homes-in-tsing-yi-to-add-to-hong-kongs-housing-supply-help-ease-shortage\/","url_meta":{"origin":28691,"position":1},"title":"Unit of Li Ka-shing\u2019s Hutchison submits plan to build 15,075 homes in Tsing Yi to add to Hong Kong\u2019s housing supply, help ease shortage","date":"March 10, 2023","format":false,"excerpt":"\r The land value is estimated at HK$22 billion, although Hutchison has not put a price tag on developing the project.\r \r Source : South China Morning Post\r Read more...Unit of Li Ka-shing\u2019s Hutchison submits plan to build 15,075 homes in Tsing Yi to add to Hong Kong\u2019s housing supply,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-must-tackle-abuse-of-colonial-era-policy-on-homes-in-its-villages-to-sort-out-housing-shortage\/","url_meta":{"origin":28691,"position":2},"title":"Hong Kong must tackle abuse of colonial-era policy on homes in its villages to sort out housing shortage","date":"October 14, 2018","format":false,"excerpt":"\r It took Dennis Bray, the then colonial Hong Kong government\u2019s district commissioner for the New Territories, six frenzied weeks in 1972 to draft the small-house policy that has for the past five decades shaped the lives of all of Hong Kong\u2019s 700,000 traditional villagers. Cynics say he was buying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-hkr-urges-government-allow-more-space-to-build-in-discovery-bay-to-help-ease-hong-kongs-housing-shortage\/","url_meta":{"origin":28691,"position":3},"title":"Developer HKR urges government: allow more space to build in Discovery Bay to help ease Hong Kong\u2019s housing shortage","date":"August 28, 2018","format":false,"excerpt":"\r HKR International, the developer behind Discovery Bay \u2013 the popular residential complex on Hong Kong\u2019s Lantau island \u2013 has challenged the government\u2019s allowable land-use density on the 650-hectare site, saying much of its nearby countryside is still way under used. Hong Kong currently faces a chronic shortage of available\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":28691,"position":4},"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":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":28691,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28691"}],"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=28691"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28691\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=28691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=28691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=28691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}