Is Hong Kong’s system of assessing land demand broken and in need of reform? Experts weigh in

Is Hong Kong’s system of assessing land demand broken and in need of reform? Experts weigh in

Hong Kong should reassess its demand for land, taking into consideration structural economic changes and the government’s operating budget deficit, a leading finance policy adviser and a veteran surveyor said as the city leader dismissed his predecessor’s concerns about oversupply. Professor Liu Pak-wai, a director at the Hong Kong Institute of Monetary Research under the…

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Is Hong Kong’s system of assessing land demand broken and in need of reform? Experts weigh in

Is Hong Kong’s system of assessing land demand broken and in need of reform? Experts weigh in

Hong Kong should reassess its demand for land, taking into consideration structural economic changes and the government’s operating budget deficit, a leading finance policy adviser and a veteran surveyor said as the city leader dismissed his predecessor’s concerns about oversupply. Professor Liu Pak-wai, a director at the Hong Kong Institute of Monetary Research under the…

Read More