Neil Monnery on Hong Kong and the Architect of Prosperity
EconTalk
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Government Intervention in Hong Kong's Housing Market
The chapter explores the government's involvement in providing affordable housing in Hong Kong, sparked by safety concerns after fires in shanty towns. It discusses the challenges faced in building low-cost housing and the debate on government intervention to address market failures and fire regulations. The conversation also touches on historical economic policies and the potential impact of China's influence on Hong Kong's future.
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