8/5/2018-7

Increase in land supply prices to stabilize 62% of respondents are less confident

The public was pessimistic about preventing property prices from soaring. The Greenpeace survey found that 62% of respondents were not confident that increasing land supply could restore property prices to a reasonable level. Insufficient land supply and speculation led to high property prices. The main reason.

The land debate took place at the end of last month. Greenpeace commissioned the Institute of Asia-Pacific Studies of the Chinese University last month to conduct a sample telephone interview with 1,003 Hong Kong residents for home purchase surveys.

The group is using idle land

For the increase in land supply, property prices can be restored to a reasonable level. Nearly 62% said they have no confidence, and those with confidence are below 20%, while nearly 2 adults are difficult to estimate. This shows that most people think that only increasing land is not enough to ease the problem. Property prices.

Half of them pointed out that hot money and speculation will continue to push up property prices, and that there is a large demand for home ownership and property developers are leading the market to make property prices difficult to fall back.

The rise in property prices is mainly due to insufficient land supply, followed by speculation and the large demand for home ownership. 92% of people agree that the current property prices have exceeded the affordability of the general population, and only 3% disagreed.

Zhu Jiang, a Greenpeace project, said that reclamation and development of country parks takes more than 10 years. The problem of unfair planning should be corrected. The development of the brownfield and Fanling stadiums can be resumed, and idle land can be used.

Yao Songyan, founder of the Real Estate Development Research Center, said that in recent years, the supply of private properties has increased, and property prices have risen instead of falling. It is believed that a low-interest environment will attract hot money inflows and high assets. According to Zhong Jianhua, assistant professor at the Department of Applied Social Sciences of PolyU, 75% of people think that home ownership has caused many types of sacrifices to be unhealthy, and they are advocating rent control and guaranteeing the right to rent.