Views: Pros and Cons Topic Map Slideshow

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Category: Economics & Business
 -27.62% -27.62%

  Support:
 -27.62%
Points:
The high price of property in Hong Kong is a serious problem for young graduates  
  • Effect: Later marriage (www.censtatd.gov.hk) +58.87%

  • Effect: Wealth gap increases (www.cop.gov.hk) +58.87%

  • Cause: Developers manipulate prices (www.hiebs.hku.hk) +56.45%

  • Effect: Social unrest due to high prices (www.businessweek.com) +54.84%

  • Cause: Government policy to restrict land supply (www.hkjournal.org) +50%

  • Effect: Student have less money because pay of loans (www.sfaa.gov.hk) +8.06%

  • Cause: The financial crisis lead to price increases  

  • Cause: People want to live near centre  %

  • Solution: Low Interest Loans  

    • but: might cause long term debt issues  

  • Solution: Increase supply of public housing  

    • but: division between public and private housing  

  • Cause: People invest for speculation / investment (www.businessweek.com) 

  • Solution: Law to restrict speculation by overseas investors  

    • but: Hong Kong has a free market  

  • Cause: Limited supply of public housing  -66.13%

    • but: Not true: About 2.1 million people (30 per cent of the population lived in public housing. (www.gov.hk) +66.13%


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