Hong Kong is in a dilemma. The people want to have democracy and free market.
But the economy is under the control of a few large tycoons who owned most of the private land.
Under the free market, the land price escalates to a level that is unaffordable to the local people, especially the young ones.
If they want lower housing cost and lower cost of living, they have to accept a government that is more in control and more socialist in their approach.
The people have to decide what they want. They cannot expect the free market to produce a lower cost of living and lower cost of housing.
Tan Kin Lian
https://tklcloud.com/Feedback/feedback2.aspx?id=1663
But the economy is under the control of a few large tycoons who owned most of the private land.
Under the free market, the land price escalates to a level that is unaffordable to the local people, especially the young ones.
If they want lower housing cost and lower cost of living, they have to accept a government that is more in control and more socialist in their approach.
The people have to decide what they want. They cannot expect the free market to produce a lower cost of living and lower cost of housing.
Tan Kin Lian
https://tklcloud.com/Feedback/feedback2.aspx?id=1663
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