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Seems like solid evidence that you can't simply "densify" your way out of high prices? Bloomberg says the reason is developers trying to cover the cost of land.
by zaroth 9y ago
Seems like solid evidence that you can't simply "densify" your way out of high prices? Bloomberg says the reason is developers trying to cover the cost of land. Something doesn't add up...
- smallnamespace 9y agoActually HK has plenty of buildable land in the New Territories and elsewhere, but the real estate tycoons that run the whole show obviously aren't going to allow competition without first getting their cut.
- ignoramous 9y agoAlso, doesn't HK have a policy against tearing down green spaces? Astonishingly, 70% of the dragon islands is forest, the last I read.