The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: SirWalterRalegh who wrote (2901)	8/10/2019 6:28:34 AM
From: elmatador	Read Replies (1) of 13803

Property speculators in HK do no allow land reclamation to speed up and create housing The Lantau Tomorrow Vision met fierce opposition immediately after its publication. Roy Tam Hoi-pong of the environmental group Green Sense, expressed his worry that the project would drain the city’s coffers, estimating it could cost up to HK$1 trillion (US$128.2 billion), almost all of Hong Kong’s fiscal reserve The land reclamation project "with a capacity of accommodating population of about 400,000 to 700,000 and creating employment of about 200,000 The people on the streets are fighting for a roof above their heads. In the midst of Hong Kong’s turmoil, Carrie Lam must prioritise the housing crisis and get tough with property developers The chief executive found the political will to introduce the ill-judged extradition bill. Surely her energy would be better expended on securing land in the New Territories for public housing projects, using emergency powers if necessary scmp.com

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