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The aesthetics of public housing in HK is not a factor in the pace of public housing construction or the amount of public housing made available. Appearance and
by briandon 4y ago
The aesthetics of public housing in HK is not a factor in the pace of public housing construction or the amount of public housing made available. Appearance and supply are completely unrelated. Supply is maintained at an always-woefully-inadequate level and many are allowed to live in squalor.
This, purely by happenstance, ensures a market for new and used low-quality, cramped private dwellings. In turn, everyone's dream is to manage to get a second apartment to lease out and/or emigrate so that they can retire in, for example, Canada, the UK, or the United States on the proceeds of the sale of their small, poorly-built apartment in a copy-paste high-rise.
Coincidentally, in HK, the government owns literally all of the land except for one or two tiny freeholds (e.g. a very old church is one that comes to mind) and derives a great deal of revenue from land sales (selling long-term leases, really, rather than the land) to property developers. The money from land sales is earmarked for infrastructure projects.
To reiterate: the notion that slapping together near-identical residential skyscrapers in HK helps make housing more accessible is incorrect. Appearance and availability are completely uncoupled here.
- hackerlight 4y ago> Appearance and availability are completely uncoupled here. Your evidence for this is that prices are extremely high. But you have no evidence that prices wouldn't be even higher if purely aesthetic constraints were imposed on development that had nothing to do with utility or quality. Moreover, that's not even relevant to the main problem with the focus on aesthetics. You're right I don't know much about the HK situation, but where I'm from, aesthetics is one of the top two excuses that landowners use to lobby the government to block new housing.
- auggierose 4y agoWhat he is saying is, there is no point in turning San Francisco into Hongkong. If you don't find affordable housing in SF, move somewhere else. It's not the only city in the world.