Moron,
Your stupid questions in post #62 shows that you either have no idea what the market is like in HK now, or you are just purposely distorting the facts for the sake of your moronic arguments.
HK real estate prices need to come down for residential purposes because regular worker joe can't afford to have his own place to live. The high end luxury market is not going to lose that much steam because it is most bouyed by Mainland China hot money. The hot money flows out of China for a vareity of reasons -- for legitimate investment purposes, for status/prestige/having "face" (what kind of a rich guy are you in the Mainland if you don't even have an apartment or two in HK? It's kind of like women and their luxury handbags.), for security (money kept save and locked away from Grandfather in case you lose power / status because money out of the country can't be confiscated by Grandfather). If you can't see the difference between the high end luxury versus the low end / mid level residential market, you really are a fxxking idiot.
The revivial of 居屋 and even an expansion of 公屋 are aimed at that low end / mid level residential market. In reviving 居屋, the SAR government can easily take some simple measures to ensure that only HK citizens can qualify for their purchases. (That might already be the case, but I am not 100% certain.) With 公屋, you can't apply anyway unless you are a HK citizen with certain income ceiling. Having a new 居屋 market and a bigger 公屋 market will inevitably drag down housing prices a bit, but the high end luxury market won't be affected that much anyway since the primary clients are wealthy Mainlanders.
I don't see how a cooler real estate market can drag down the stock market. Your post didn't state any reason for that either, and just droped the idea out of thin air when you suddenly switched from the real estate market to the stock market. Arguments like that serve no purpose. But to shut you up, I will say that the Mainland hot money is only going to stop coming to HK when the Mainland's red hot economy slows down. There are signs of this happening, but that is entirely beyond HK's control. It'll come sooner or later, and HK will have to deal with it when it does.
Lastly, I never opposed the SAR government spending the reserves on meaningful projects, but I am completely against them wasting that money on face projects such as Chinese high speed rail. Furthermore, given the choice between letting the SAR government continue to hog that money, and returning and spreading it among HK citizens, I would obviously favour the second since far more economic opportunties and activities can come from the latter.
But hey, you have repeated shown that you are too fxxking stupid to understand any of this. You are only interested in bad mouthing me and twisting my words out of context and distorting whatever ideas I bring up.
-Lik |
發表於 2011-7-17 12:21
| 
