(16-10-2022, 04:30 PM)theold Wrote:  They have different types of properties. The common ones for residential are 70 years and can be renewed. They also have land given for plantations but can be taken back if not in use. They also have freehold properties. Not much different from us.

(16-10-2022, 04:22 PM)sgbuffett Wrote:  A good hybrid model with large public housing supply and small private supply.

I know many criticise HDB for various problems but if HDB does not exists we will have the housing problems in Taipei, Seoul and Tokyo. ...look at Hong Kong really horrid.

The idea of govt stepping up to supply the market in such a big scale for an advance country is unique. The system worked well if not the pap will be long gone. It served both a housing need as well as investment.

The system also directly credit land sales and housing sales directly back to govt which us an important source of revenuefor China local government. The pricing model using resale market as reference is well established. Yes some complain BTO price to high but remember we are living in a financial center hub in the same class as Hong Kong ...some say we recently surpassed Hong Kong....so price of housing cannot be cheap. If too cheap, somebody can buy BTO then flip it in resale market 5yrs later for hefty profits. 

By taking a big role in housing and doing it well the CCP can win adoration of the people. The entire housing mess it has today can be totally avoided.

Since the entire sector is a mess, the Chinese govt can play white Knight to partially nationalise the sector using HDB model.

(16-10-2022, 04:22 PM)sgbuffett Wrote:  HDB housing model would have saved China from property  crisis...

(16-10-2022, 08:13 PM)WhatDoYouThink! Wrote:  ah butt doesnt work as a government consultant for sg or china is really a big waste of his talent and a great loss to them too.

(16-10-2022, 08:00 PM)singlon Wrote:  still early days
consumer inflation has escaped
we dealing with Blackholes
remember black matter has infinitely amount of energy
don't play play.
Sotya Indo
Siva arrowed Samsara and missed by a moment
Indiens have been pouring milk over him eversince
to cool him down less all is destroyed.
t1 not equal to t2
cosmic dance continues

(16-10-2022, 04:22 PM)sgbuffett Wrote:  A good hybrid model with large public housing supply and small private supply.

I know many criticise HDB for various problems but if HDB does not exists we will have the housing problems in Taipei, Seoul and Tokyo. ...look at Hong Kong really horrid.

The idea of govt stepping up to supply the market in such a big scale for an advance country is unique. The system worked well if not the pap will be long gone. It served both a housing need as well as investment.

The system also directly credit land sales and housing sales directly back to govt which us an important source of revenuefor China local government. The pricing model using resale market as reference is well established. Yes some complain BTO price to high but remember we are living in a financial center hub in the same class as Hong Kong ...some say we recently surpassed Hong Kong....so price of housing cannot be cheap. If too cheap, somebody can buy BTO then flip it in resale market 5yrs later for hefty profits. 

By taking a big role in housing and doing it well the CCP can win adoration of the people. The entire housing mess it has today can be totally avoided.

Since the entire sector is a mess, the Chinese govt can play white Knight to partially nationalise the sector using HDB model.

(16-10-2022, 08:53 PM)Niubee Wrote:  打嘴炮很容易

(17-10-2022, 06:53 AM)sgbuffett Wrote:  https://www.scmp.com/comment/opinion/article/3195859/china-real-estate-and-global-debt-woes-show-problems-led-2008