Hong Kong has a housing crisis.
In 2016, an estimated 2.8% of the city’s population was living in subdivided apartments – housing in squalid, dilapidated conditions that featured egregiously expensive rents and living conditions that are frankly, fire and safety hazards. The average queueing time for public housing, according to the latest numbers from the Hong Kong government, was 5.7 years – that is, impoverished individuals must spend at least 6.7%, on average, of their lifetime (taking 84.93 to be the average life expectancy) awaiting a minimally adequate apartment from the government.
Some in the Establishment have attributed the social unrest and political upheaval to the administration’s failure to tackle the housing crisis head-on. Let us, for now, set aside the empirical questions of whether this causal explanation holds water – e.g. might there not be, too, concerns with the quality of the city’s governance and administrators, or, indeed, a general sense of un
Fixing Hong Kong s housing crisis EJINSIGHT
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The situation in Myanmar is beyond dire. Hundreds of casualties, thousands of arrests, internet and wifi connections intermittent at best, and there is a palpable and real fear that the country is sliding into economic Armageddon. Yet saving Myanmar will take more than merely slogans, empty humanitarian rhetoric, or gestures-driven politicking that eschews actual efficacy in favour of feel-good, congratulatory posturing (for more on the situation, check out Sebastian Strangio, Bilahari Kausikan, Thompson Chau etc. – amongst others – who have written extensively on the events unfolding in the country).
There are three critical tenets that must be established clearly, in order to facilitate a clearer and more clear-headed assessment of the status quo.