Dr Edward Yiu: 4Wins Solution for the NENT Development
-there are ample of government vacant land (4,000 ha) available for development,
-there is no urgent need to acquire the agricultural land in the NENT by paying $40b.
-there are evidence showing that the housing price increase is not due to insufficent housing supply, but negative interest rate.
-agricultural land in HK is decreasing to a critical situation, further decrease may do harm to the HK development icon:
http://blog.yahoo.com/_3SWRDKEHOKTTR3RK3V3YW…/…/643684/index