21.12.2012 - HK: Does housing plan really care about trying to cool market?
Albert Cheng says many alternative plans exist to help increase public housing, yet the chief executive and his team are not tapping them. Chief Executive Leung Chun-ying won the election and got to where he is because of the support from Beijing's liaison office in Hong Kong. After six months in office, he has made no contributions to show for it. To be honest, he is merely a "paper general", which means he's all talk and no action. Being a paper general, he will disappoint us with his empty promises on policies such as his long-term housing strategy. Most of us will remember the notorious plan to build 85,000 flats annually that he proposed to former chief executive Tung Chee-hwa in 1997...............................................Full Article: Source
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