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Housing, a lesson in self-interest 2.
HOS sales "to be cut by half" 3.
Hysan on track for 50pc dip
1. Housing, a lesson in self-interest
The solution to the malaise affecting Hong Kong's economy is obvious. The favourite
developer's solution to all our problems is that the Government should stop producing
so many Subsidised flats. The public housing programme has been a well-intentioned
success. There is still much to be done, and it is work of a kind for which local
real-estate barons have shown little enthusiasm. The least they can do is to refrain
from obstructing it. [Source:
Tim Hamlett, SCMP, 3 September 2001] 2.
HOS sales "to be cut by half"
The government is expected to announce - possibly by as early as this week - that
it will cut the sale of subsidised flats by half. [Source:
HK-iMail, 3 September 2001] 3.
Hysan on track for 50pc dip
Interim profit at Hysan Development is expected to slump more than 50 per cent,
year on year, to less than HK$300 million. [Source:
SCMP, 3 September 2001]
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