I am pretty familiar with it and how it failed the Hong Kong people, when government worked in the interest of billionaire real estate developers. The house ownership ratio will itself reveal the reality.
Singapore learned from Hong Kong but did it much better and today one of the best example of public housing (they call it Housing Development Board - HDB). I will not go into details but its a topic of its own to discuss issues of Hong Kong real estate and get rich quick ideas based on it.
Singapore learned from Hong Kong but did it much better and today one of the best example of public housing (they call it Housing Development Board - HDB). I will not go into details but its a topic of its own to discuss issues of Hong Kong real estate and get rich quick ideas based on it.