Savantas E-Newsletter - April 2018 Issue

01 April ,2018

Mrs Ip's Column: "Hongkongers see homeownership as an investment. This has to stop"

Authored by Mrs Regina Ip, published by SCMP on 7th April 2018.

Regina Ip says Hong Kong must address the four factors of supply, demand, liquidity and expectations that are causing the lack of affordable housing in the city. The task force on land supply is moving in the right direction by exploring all possibilities

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Topical Issue: Three Cheers for the Craftsmen

Written by Ben Kong, Policy Officer at Savantas Policy Institute

"While the numbers suggest getting a degree is a rational choice for most, the problem is whether the same holds true for those who are less academically inclined. Tertiary education is a considerable investment for many people: it includes tuition and the opportunity cost of the years spent in school. The return on four years of experience for many trades and skills are huge. While those who are attuned to academic pursuit will likely do well enough to yield the aforementioned expected returns on their investment, it is important to consider the academically weak who were ushered into getting higher education regardless of their own strengths and weaknesses. This is especially the case for Hong Kong where the dominant Chinese culture emphasizes on pursuing academic achievements." (Excerpt)

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