[News from our newspaper]Hong Kong’s real estate prices are the highest in the world. Since the Hong Kong government first launched the “spicy trick” in 2010, it has been 12 years. Examine whether hot tricks are outdated, but the government has not taken any action so far. However, the authorities firmly refused to withdraw the hot money and did not know whether to issue consumer coupons, but they forced Lantau Tomorrow. Some scholars mentioned in the past that the authorities treat public funds like dung and insisted that Lantau Tomorrow is “dumping money into the sea.”
The volume of building transactions last year was the lowest since 1997
Long Hanbiao once said that in the past, because he wanted to suppress foreign, investment, and speculative demand, and give priority to local residents, he launched hot tricks. The current economic situation in the world and Hong Kong is completely different. It is also the lowest since 1997. It is believed that the government should re-examine the need for hot-spots. It also pointed out that hot-spots have become a “stumbling block” for residents to buy properties, and it has greatly increased the cost of acquiring old buildings for developers.
While the authorities refused to withdraw spicy food, they also pointed out that they have not yet decided whether to distribute consumer coupons, but it seems imperative to do so on Lantau tomorrow. Chen Weiqiang, a lecturer at the School of Professional and Continuing Education of the Hong Kong Polytechnic University, once pointed out that the Lantau Tomorrow Project took too long, and described it as “painting cakes to satisfy the hunger”. Money falls into the sea”, the plan should be stopped immediately.
