QUOTE(botlife @ Dec 7 2020, 02:25 PM)
if about the property ,actually the biggest evil there is their own govt, cos the govt is biggest and de factor properti developer by control land resources, a tiny piece land open auction for tenth billions, so build bird cage lo, and big developer needs to pay high auction fee as political subserviency to govt, yes govt ask them to bid start in high high price one you need to belive it, then govt have high income and developer develop bird cage skyrises offer to hk sakai tat have no other choice (but to buy)
after 2000 hk govt get money from squeeze and limit land resource there, bcos they start loose economic position as toilet janitor money collector for entry to china, especially after china enter into wto, thats why things are too expensive, so if later someone say i want to relax the land resources of cos those previous one will sound cos they will loss life savings, and the money gotten is channeled into mainland hand by some funny project, example build a mrt station cost 90billion ringgit, a fake island cost 300billion ringit, airport 400billion, its squeeze its islander to apease higher up and end up skinny and poorer and in return rely more on the boss where it given up its money, its a vicious cycle set in place since 2000, only after 2006 that hk is economically insignificant to china , before that hk economic output measures around 1/8 of china and 1/3 of pearl river delta. for a small island that is something
and since china open up hk economic role lastime as toilet entry fee collector is no more, so their govt turn more to land as resources and it attract mainlanders also to invest for diffrent way of rules , at least till 2007 dissident in china can seat safely in hk, its the differences that let riches love it and that atttraction, but now even the hk govt want to toe and follow to beijing wishes mean rules are same and there is very little rule of law especially political things so nobody wants to go far away to a place of same rule, so hk is very fast degrading themselve to second line city in china, it got no economic specialty and now it los political specialty, it bcome just another chinese city, those govt head that sell hk is their islanders true traitor (but to beijing is patriot) , but that is hk people problem and now cannot lansi ody they are commies now, now is transition generation so u see some noises, old class fading away in vain protest, later when transition is complete, hk is just another china city, and filled with people that have grudge to govt but only talk in coded messages privately and keep heads low like now in other cities, the subserviency is completed, hk as once pearl of asia is no more it seem inevitable now
toilet janitor fee collector (hk) is useless people, yet bcos he (hk) sit there he collect fee (business hub and facility) and feel bcome superior than others when others want to pee (enter china). but once the toilet (china) got two door the fee collector suddenly no more able to collect fee and left with dunno what to do, that is hk govt in 2000
Elitists like Lee Ka Shing has benefited from the 官商勾结 (developer and gov't hush-hush with each other aka collision)

On the bright side, HK has ICAC which is independent unlike our anti-corruption body that runs by Jib Gor. BN is so full of fail.

The elites work with elites to keep the system or house in order. Ruling party gives "concessions" to the opposition party to calm down them.
https://www.youtube.com/watch?v=5IrV9iWyxfs...HVJQURrF7Rxrphp"Traditional elites were willing to concede many economic demands to liberals (oppositions) over the following decade in exchange for their abandonment of the revolution." - Mark Bray, short description on two-party dictatorship.
"No revolution succeed, unless a significant portion of the ruling apparatus, in particular --- the security apparatus, refuses to defense the discredited regime"
HK has lost its "gateway" to China. The world no longer needs HK to have access to PRC. In fact, it is now the other way around. PRC uses HK to get "stuff" that are blocked by the West and whatever to go into PRC, e.g., technology, loans, banking, etc.
The "white glove" 白手套 of HK. Related to 1MDB and Jho Low.
HK and Macau are the havens of washing money. British (British Overseas Territories) and many other countries have their own tax havens as well.
https://www.youtube.com/watch?v=xZ9i8cGJNoMThis post has been edited by Meis: Dec 7 2020, 03:25 PM