The Unstoppable Economy Of Hong Kong: The Land Of Billionaires
Economics Explained
00:00
Why the Government Wants to Stop Land Reclamation in Hong Kong?
The government has been very slow with rolling out land reclamation projects or even opening up existing land for development. By artificially controlling the supply, it has sent a message to investors that this land is a stable asset that the government will look after. So long as the developers can be certain that net rent will stay high, they will be sure of profits and they will keep on paying those rents.
Transcript
Play full episode
