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The housing prices are sky high in HK because of artificial zoning and regulations, not because of geographical limitations. There are vast empty spaces that ca
by sajithdilshan 5d ago
The housing prices are sky high in HK because of artificial zoning and regulations, not because of geographical limitations. There are vast empty spaces that can be used for housing in HK, but the elites/politicians wouldn’t allow buildings in those areas because that would result in a collapse of real estate values and ultimately the wealth of elites.
What HK need is politicians that works for people and have a spine to go against the elites
- aurareturn 5d agoYes, exactly. See this report: https://www.scmp.com/news/hong-kong/politics/article/3030209/scapegoats-or-scoundrels-why-ties-between-beijing-and-hong https://www.scmp.com/news/hong-kong/politics/article/3030209... Basically, it was pent up frustration from the youth over housing controlled by Hong Kong's property tycoons. The extradition law was just the final trigger.