Hong-Kong Protests

manqiangrexue

Brigadier
Like I said before there is no freedom in the US. The people need to protest! And don't let the government tell you whether or not to wear a mask!
LOLOLOL That's like sabotaging your neighbor by telling his kids, "Protest! Scream at your parents! Kick your dad in the nuts! Grab your mom by the -ussy! That'll show 'em how tough you are! Don't let anybody tell you you need to study or go to school! Are you gonna be a little bitch and let them take away your freedom to do drugs and play video games all day?!"

I will hail the CCP as the only existent God in the universe if 30 years later after China has replaced the US and is unopposable in the world, they declassified documents showing that Chinese agents were behind the anti-mask movement, BLM, QAnon, Antifa, Proud Boys, etc...
 
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j17wang

Senior Member
Registered Member
LOLOLOL That's like sabotaging your neighbor by telling his kids, "Protest! Scream at your parents! Kick your dad in the nuts! Grab your mom by the -ussy! That'll show 'em how tough you are! Don't let anybody tell you you need to study or go to school! Are you gonna be a little bitch and let them take away your freedom to do drugs and play video games all day?!"

I will hail the CCP as the only existent God in the universe if 30 years later after China has replaced the US and is unopposable in the world, they declassified documents showing that Chinese agents were behind the anti-mask movement, BLM, QAnon, Antifa, Proud Boys, etc...

Hey, if you say that on twitter, someone is going to listen.
 

Tyler

Captain
Registered Member
The market rate for those farmland if rezone to residential lands is around $10,000 to $20,000 HKD per SQ feet. Those tycoons only want to pay like a few hundreds per SQ feet for rezoning. That's why it isn't going to happen. Greed knows no bound. Those tycoons doesn't want reasonable profits but want enormous profits.
Land reclamation for Tomorrow Lantau project is going to cost HK$500 billion. It will take years just to create the piece of land and related infrastructure. The fastest way is to increase building density in existing urban areas in Kowloon. Ever since Kai Tak airport was moved, there was little increase in building density in nearby areas.
 

voyager1

Captain
Registered Member
Land reclamation for Tomorrow Lantau project is going to cost HK$500 billion. It will take years just to create the piece of land and related infrastructure. The fastest way is to increase building density in existing urban areas in Kowloon. Ever since Kai Tak airport was moved, there was little increase in building density in nearby areas.
If you may have any knowledge about this project, can you break down some of these costs?

Why is it so expensive?
Normal Regulations, environmental regulations? Construction companies corruption/cartel?

I dont know who calculated these costs, but I would want a central government study from Beijing to have a more nuanced understanding of the real cost
 

KYli

Brigadier
Land reclamation for Tomorrow Lantau project is going to cost HK$500 billion. It will take years just to create the piece of land and related infrastructure. The fastest way is to increase building density in existing urban areas in Kowloon. Ever since Kai Tak airport was moved, there was little increase in building density in nearby areas.
In the next few years, major public infrastructure projects in HK are waning down as most of them would be completed. Even if there were no Tomorrow Lantau, HK government still would pursue other infrastructure projects.

Hong Kong government can afford the $500 billion HKD price tag as Tomorrow Lantau would provide 260,00 to 400,000 homes to 700,000 to 1.1 million people. The land sales alone from the land reclamation should generate enough revenue for the HK government to pay for the project.

If oppositions didn't derail the project, the first phase of the project would have completed in 2025-2027 and people should be able to move in 2027-2029. Due to delays from funding, the HK government still expects new apartments in 2034. Kai Tak runway is too little and too late. The legal and financial hurdles need to jump through to make changes to the Kai Tak would be costly and not worth it. The HK government has already announced to add 12.600 more public housing units in the Kai Tak area. In addition, Kai Tak runway just won't solve the long term housing problem in HK.
 

voyager1

Captain
Registered Member
In the next few years, major public infrastructure projects in HK are waning down as most of them would be completed. Even if there were no Tomorrow Lantau, HK government still would pursue other infrastructure projects.

Hong Kong government can afford the $500 billion HKD price tag as Tomorrow Lantau would provide 260,00 to 400,000 homes to 700,000 to 1.1 million people. The land sales alone from the land reclamation should generate enough revenue for the HK government to pay for the project.

If oppositions didn't derail the project, the first phase of the project would have completed in 2025-2027 and people should be able to move in 2027-2029. Due to delays from funding, the HK government still expects new apartments in 2034. Kai Tak runway is too little and too late. The legal and financial hurdles need to jump through to make changes to the Kai Tak would be costly and not worth it. The HK government has already announced to add 12.600 more public housing units in the Kai Tak area. In addition, Kai Tak runway just won't solve the long term housing problem in HK.
Housing is very serious problem for HK and by extension to China as a whole due to the HK protests (mainly due to housing conditions)

The HK gov and ultimately the central gov should elevate it to a "national security issue" and steamroll environmental issues, local resistance, property tycoons slowing down construction, and commercial cartels or corruption.

To conclude, anyone and anything that stands on the way must be demolished and discared. IMO, lack of housing is a national security and must be resolved ASAP.
 

KYli

Brigadier
Housing is very serious problem for HK and by extension to China as a whole due to the HK protests (mainly due to housing conditions)

The HK gov and ultimately the central gov should elevate it to a "national security issue" and steamroll environmental issues, local resistance, property tycoons slowing down construction, and commercial cartels or corruption.

To conclude, anyone and anything that stands on the way must be demolished and discared. IMO, lack of housing is a national security and must be resolved ASAP.
For China, it is just a first tier-cities or second tier-cities problem and eventually it would just be first tier-cities problem. Beijing's solution is Xiongan. By moving all not essential government functions, schools, businesses, and industrial to a nearby new city. We should see the outcome in 10 years. Guangdong maglev train is an extension to this same thinking. By connecting a less developed area to a more developed within 30 minutes to an hour so people can work in Shenzhen but live in suburban Guangdong.

As for Hong Kong, I think the central government has made it clear to the HK administration to tackle the housing prices and warn all the pro-Establishment legislators not trying to hinder the effort. HK government doesn't have sales tax, no capital gain tax, very low income tax. Land sales and property transaction taxes make up over 1/3 of the HK government revenue. At the end of the day, it is the will of the HK government that hindered its effort to tackle the housing crisis. Many politicians are also too close to those tycoons. That's why the central government needs to take a proactive role to ensure the housing issue needs to resolve as soon as possible.
 

weig2000

Captain
For China, it is just a first tier-cities or second tier-cities problem and eventually it would just be first tier-cities problem. Beijing's solution is Xiongan. By moving all not essential government functions, schools, businesses, and industrial to a nearby new city. We should see the outcome in 10 years. Guangdong maglev train is an extension to this same thinking. By connecting a less developed area to a more developed within 30 minutes to an hour so people can work in Shenzhen but live in suburban Guangdong.

As for Hong Kong, I think the central government has made it clear to the HK administration to tackle the housing prices and warn all the pro-Establishment legislators not trying to hinder the effort. HK government doesn't have sales tax, no capital gain tax, very low income tax. Land sales and property transaction taxes make up over 1/3 of the HK government revenue. At the end of the day, it is the will of the HK government that hindered its effort to tackle the housing crisis. Many politicians are also too close to those tycoons. That's why the central government needs to take a proactive role to ensure the housing issue needs to resolve as soon as possible.

It's been clear that HK's development has been hindered by the tycoons and other vested interest. But Beijing is hamstrung by the official One Country Two Systems policy. With the recent changes in HK's political environment, it appears the Beijing is more open to at least voice its opinion publicly on some local affairs.

It's ironic that HK government probably would have acted more decisively during the British colonial era, because the major decisions were made in London (whether British would act or in whose interest it would act is a different matter altogether). Today's HK government has no political leadership. In the end, Beijing would have to make the tough decisions for Hong Kong, as it has been shown so far.
 

broadsword

Brigadier
It's been clear that HK's development has been hindered by the tycoons and other vested interest. But Beijing is hamstrung by the official One Country Two Systems policy. With the recent changes in HK's political environment, it appears the Beijing is more open to at least voice its opinion publicly on some local affairs.

It's ironic that HK government probably would have acted more decisively during the British colonial era, because the major decisions were made in London (whether British would act or in whose interest it would act is a different matter altogether). Today's HK government has no political leadership. In the end, Beijing would have to make the tough decisions for Hong Kong, as it has been shown so far.

What were the reasons the HK government never acted to solve the problem?
 
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