Hong Kong’s housing crisis is symbolised by its tiny “gnat flats” (гнэт — мушка, комар). The anger of young people who cannot afford even these shoeboxes has helped fuel protests.
Carrie Lam, chief executive of the territory, announced reforms this week. Paradoxically, the reforms will mainly benefit the tycoons who have a stranglehold on the costliest residential market.
Amid-range two-bedroomflat costs about $3,700 per sq ft compared with $2,900 in New York and $2,300 in London, according to Deutsche Bank.
The alternative, public housing, is scarce and can take Hong Kongers five years to find. Ordinary people are crammed into tower blocks. The elite live in lux pads on The Peak.
The government would, meanwhile, relax mortgage borrowing limits for first-time buyers, after eight years of curbs. Homes prices would rise.
Subsidies for home seekers on public housing waiting lists would push up private rents. The price bubble could take years to deflate. Most of the 7m sqm of farmland Mrs Lam wants to buy is owned by the tycoons. These assets are illiquid until they are rezoned. The government buying plan would allow the property companies to cash out.
Shares in the largest developers— Henderson Land, CK Asset, SunHung Kai and NewWorld Development— have risen, but still trade at a discount.
They could rebound further. For now it seems that the best bet for a Hong Konger to get closer to affording a home is to invest in the city’s developers. Bolder reformis needed.
Cost of living in Hong Kong, in USD.
1 bedroom flat in city centre (monthly rent) — 2 121 USD. Lunch for 2 (3 courses, mid range restaurant) — 44,80 USD. Transportation (monthly pass) — 58,90 USD.
Hong Kong’s official name is the Hong Kong Special Administrative Region, or Hong Kong SAR.
Hong Kong means Fragrant (благоухающий, ароматный) Harbor.
Hong Kong consists of Hong Kong Island, Kowloon, the New Territories, and several other smaller islands spread over 1,092 square kilometers. Moscow is about 2,550 square kilometers. Population is 7,40 million people. Moscow is 12,50 million.
Hong Kong’s official languages are Chinese (Spoken Cantonese) and English.
Hong Kong has more Rolls Royce’s per person than any other city in the world.
Hong Kong has the most skyscrapers (classified as building with more than 14 floors) in the world; double that of its nearest rival: New York City.
Hong Kong is counted amongst the most densely populated areas of the world.
Hong Kong was taken over by the British forces after the defeat of China in the Opium War of 1842. On July 1st, 1997, Hong Kong became a Special Administrative Region of China.
A Town Mouse once visited a relative who lived in the country. For lunch the Country Mouse served wheat stalks, roots, and acorns, with a dash of cold water for drink. The Town Mouse ate very sparingly, nibbling a little of this and a little of that, and by her manner making it very plain that she ate the simple food only to be polite.
After the meal the friends had a long talk, or rather the Town Mouse talked about her life in the city while the Country Mouse listened. They then went to bed in a cozy nest in the hedgerow and slept in quiet and comfort until morning. In her sleep the Country Mouse dreamed she was a Town Mouse with all the luxuries and delights of city life that her friend had described for her. So the next day when the Town Mouse asked the Country Mouse to go home with her to the city, she gladly said yes.
When they reached the mansion in which the Town Mouse lived, they found on the table in the dining room the leavings of a very fine banquet. There were sweetmeats and jellies, pastries, delicious cheeses, indeed, the most tempting foods that a Mouse can imagine. But just as the Country Mouse was about to nibble a dainty bit of pastry, she heard a Cat mew loudly and scratch at the door. In great fear the Mice scurried to a hiding place, where they lay quite still for a long time, hardly daring to breathe. When at last they ventured back to the feast, the door opened suddenly and in came the servants to clear the table, followed by the House Dog.
The Country Mouse stopped in the Town Mouse's den only long enough to pick up her carpet bag and umbrella.
"You may have luxuries and dainties that I have not," she said as she hurried away, "but I prefer my plain food and simple life in the country with the peace and security that go with it."
Poverty with security is better than plenty in the midst of fear and uncertainty.
The smallest body of water in which lunar tides have been measured is Loch Ness in the UK, which is 37 kilometres long. Here, the tides have an amplitude of about 1.5 millimetres.
Как это часто и бывает, наречие hence следует переводить строго в зависимости от контекста. Чаще всего перевод будет звучать как следовательно, поэтому, отсюда и и т.д. Этот самый hence может легко служить заменой более длинных фраз which leads to, which is the reason of, that’s why…
Hence часто используется в качестве словосочетания hence the name:
His mother was Italian, hence his name - Luca.
The firm is owned by Mark Atkins, hence the name - MA Advertising.
Представьте, как бы вам пришлось изворачиваться, если бы вы не знали слова hence? That’s why the firm is called…? Ну уж нет, с hence жизнь становится куда проще!
Вот ещё пара примеров со словом hence:
The chemicals cause the rain to become acidic, hence the term “acid rain”.
The prime minister was attending the conference, hence all the extra security.
Hence может использоваться и в начале предложения (или в рамках сложносочинённого предложения после точки с запятой):
He is not satisfied. Hence, we must prepare a new proposal.
Кстати, носители языка нашли применение слову hence даже на уроках математики! В конце решённой задачи, где требуется что-то доказать, вместо хорошо знакомого нам ч.т.д. школьники и студенты пишут hence proved (или hence, proved).
The company announced that it would henceforth charge royalties.