The Wealth Empire Crossing the Hong Kong

Chapter 591 Affordable Public Rental Housing
The house leak coincided with the continuous night rain. The public opinion on the safety of the squatter area caused by the heavy rain had just been suppressed not long ago. On June 6, another fire broke out in Chung Tau Village, Ap Lei Chau. More than 26 villagers So no place to live.

This has once again aroused public opinion on the safety of citizens in squatter areas. I hope that the Bryan government can take specific measures to solve the historical problem of squatter areas. While rectifying the living environment in Xiangjiang, it can also protect the citizens of squatter areas. Residential safety and personal and property safety.

The northern government, whose negotiations have been deadlocked, is also putting pressure on the British and Blaine governments in this regard, demanding that the Blaine government take specific measures to ensure the safety of citizens. If the Blaine government fails to do so, they will no longer continue the negotiation. Directly let the troops come over to take over, so as to ensure the safety of citizens' personal and property.

In the face of internal public opinion, pressure from the North, and local urging, the Bryan government also had to make some compromises.

At 29:[-] p.m. on the [-]th, the meeting hall of the Governor’s Mansion gathered members of the six local associations of Xiangjiang and Nanyang Xiangjiang Association, as well as the heads of Xiangjiang enterprises of the Rose Consortium and the top [-] leaders of Xiangjiang enterprises. The scale of the meeting was quite large.

At the meeting, Chief Executive Xosos said: "Because of historical reasons, many squatter areas have emerged. According to incomplete statistics, there are more than 126 million people living here.

Because the residences are basically wooden houses, there are great safety hazards, and many major fires in Xiangjiang have occurred in these areas.

In order to respond to the concerns of all walks of life in Hong Kong, and to maintain the living and personal safety of citizens in squatter areas, our government has made a government-subsidized public rental housing plan for [-] million citizens to completely solve this historical problem.

The affordable public rental housing is mainly divided into three super-large communities, each of which can accommodate [-] people. They are planned to be placed in Tuen Mun, Kwun Tong, and Wong Tai Sin to drive the development of these three districts.

......"

When it was the turn of these business representatives to speak, Wei Li, the president of Wheelock Holdings Group, spoke out first: "The government's subsidized public rental housing plan is mainly for the villagers in squatter areas, so I personally think that the establishment of a government Indemnificatory public rental housing should be located in areas with more villagers in squatter areas.

For example, in Yuen Long, North District, and Dapu districts, there are a large number of squatter areas. The establishment of affordable public rental housing in these districts also facilitates the nearby resettlement of villagers in squatter areas. "

Afterwards, the presidents of several groups from the Xinjian Department who attended the meeting expressed their support for the government's establishment of affordable public rental housing to improve the living quality of villagers in squatter areas.

Although the property rights of these houses belong to the government, the villagers in these squatter areas only have the right of residence and pay a small amount of rent, but it is better than living in squatter areas.

The reason why the Xinjian Department hopes to build the three major communities in Dapu, Yuen Long, and Dapu is also because of interests. The focus of the Donghua Club is on these three areas plus Saigon with Tseung Kwan O as the center.

The existence of these three super-large residential areas is of great benefit to the industrial layout of the Xinjian Department.

Although in this way, residential real estate will be hit hard, but in commercial real estate, they will have a lot of gains.

Some of the people present today are very unwilling to see such a large-scale construction of affordable public rental housing. Once this plan is implemented, it will cause a devastating blow to their residential development-based enterprises.

In fact, Gan Qinglin is from the standpoint of Xinjian Real Estate Group, and he also does not want it. You must know that Xinjian Real Estate is engaged in low-end housing, and its main customers are villagers in squatter areas and ordinary working class.

Xinjian Real Estate has accumulated a large amount of land in several districts in the past few years, and will gradually develop it in the future to meet the housing needs of ordinary citizens.

And once the government implements affordable public rental housing for [-] million citizens, the market demand will shrink on a large scale, the value of the reserved land owned by Xinjian Real Estate will drop sharply, and the market value of the group will also drop significantly.

It's just that as a company under the Xinjian Department, it must obey the strategic development of the entire Xinjian Department. Therefore, even though he knew that this plan was not good for Xinjian Real Estate, Gan Qinglin still expressed his support.

Brian was quite satisfied listening to the representatives of all parties present arguing with each other about whether or not to build affordable public rental housing and where to build it.

In fact, he is very clear about the impact of such a large-scale establishment of affordable public rental housing this time. As long as the news spreads, the real estate stocks in the Xiangjiang stock market will be listed in the stock market tomorrow, except for Wheelock Land, which is a purely commercial real estate company. The company's share price will plummet.

It can be said that tomorrow the stock market will inevitably usher in a Black Thursday, it just depends on the degree of tragedy.

Moreover, Bryan believes that the implementation of this policy will inevitably cause a large number of real estate companies to go bankrupt, and even the economic development will be greatly affected.

It's a pity that Brian didn't want to do this if it wasn't a last resort, because in his opinion, it was just a short-term pain. In the long run, it would be beneficial to economic development and social stability.

Now he only hopes to use this to create as many conflicts and rifts as possible for the major forces in the Xiangjiang business community, so that several parties can fight each other.

At the same time, with the help of the current situation, more people can stand on their side, so as to create pressure on the North.

After the speeches of various forces, Bryan said: "The establishment of affordable public rental housing for [-] million people is the result of our government's careful measurement.

This is also for the stability of Hong Kong and the interests of the general public. Although this may affect the interests of some companies, I believe that these corporate shareholders can make concessions for the benefit of these citizens.

As for the construction model, the Tianshui City project construction model will be adopted, and three new cities will be built to accommodate [-] citizens each in a cycle of two years and ten years.

In terms of location, there are reasons to consider Tuen Mun, Wong Tai Sin, and Kwun Tong. Yuen Long is the headquarters of clothing and food, as well as the R&D and production center, and it is also our second higher education cluster in Xiangjiang.

The North District is our Xiangjiang high-tech innovation research and development center, computer hardware and software production center, and high-tech industry incubation center.

Dapu is the production base of our high-tech industry and the R&D and production center of the electronic information industry.

Several places have core development industries that drive local economic development.

But Hong Kong is a whole, and we cannot only focus on the development of certain areas while ignoring the development of other areas.

At present, those with relatively lagging development are Tuen Mun, Wong Tai Sin, and Kwun Tong. As for the outlying islands, we will not mention them for now.

In order to promote the economic development of these three districts, it is very appropriate to build affordable public rental housing in these three districts, which can also promote the balanced development of all districts and reduce the population density of the central city.

And please don't worry, our policy of adding [-] new residents to Hong Kong every year will continue.

I believe that as the situation stabilizes, our resident population will continue to grow, housing demand will continue to increase, and the development of our related companies will only get better and better. "

At this meeting, the Bryan government obviously has no plan to give land to all parties. It is entirely the government investing in the construction of this affordable public rental housing, and it will only contract the construction project to the Construction Industry Company.

Those who manipulated the media to create public opinion and want to hoard land obviously failed to achieve their goals. For example, Li Jianhui did nothing this time.

……

(End of this chapter)