THURSDAY, JUNE 9, 1994
MR
A
PRESIDENT.
HONG KONG
MR
A
LEE WING-TAT (THROUGH INTERPRETER): THANK YOU MR
SO FAR THIS IS THE FIRST TIME THE
GOVERNMENT, GOVERNOR, REGARDING THE EFFORTS TO DAMPEN PROPERTY PRICES, HAS ADOPTED SUCH HIGH PROFILE. THIS IS THE FIRST TIME THE GOVERNMENT HAS ADOPTED SUCH
AT AND ALSO YOUR REPUTATION IS REALLY HIGH PROFILE MEANING THAT IF THREE OR FOUR MONTHS DOWN THE ROAD AT QUESTION SESSION WE ASK THE SAME QUESTION TO YOU, I DON'T
VERY COMPORTABLE POSITION AND IN A
WE WOULD WILL BE
I
WE HOPE THAT THIS IS THE LAST TIME
ASK DISAPPOINTED. ABOUT AFFORDABILITY AND ABOUT PROPERTY PRICES.
STAKE HERE A GOVERNOR'S THINK YOU
BE VERY QUESTIONS
MR
AND
MR PRESIDENT, NOW MY QUESTION ABOUT THE NEW SECRETARY FOR HOUSING. GOVERNOR, I HAVE BEEN A HOUSING AUTHORITY MEMBER FOR TWO YEARS
ABOUT DURING THOSR
AT LEGCO TWO YEARS I HAVE NOT ASKED A QUESTION DEPARTMENT. HOUSING
THIS
MEMBER IS BECAUSE AS A
OF THE HOUSING AUTHORITY I AN ALSO RESPONSIBLE FOR FORMULATING HOUSING AUTHORITY POLICIES AND THAT'S WHY IT WOULD BE UNFAIR FOR ME TO PUT A QUESTION TO MR EASON ABOUT ILOUSING.
BUT CONCERNING THIS SECRETARY FOR HOUSING, THIS IS STRANGE BRCAUSE IS
THE HOUSING AUTHORITY, HOUSING DEPARTMENT AND ABOVE REALLY CAN'T UNDERSTAND THAT CONSTITUTIONAL ARRANGEMENT.
MR EASON OR THE SECRETARY
HE
THE LDC. I I THINK THIS FOR HOUSING
IS A VERY ODD ARRRANGEMENT. WILL NOT BE PARTICIPATING IN THE DECISION OF LDC AND HOUSING AUTHORITY
YET THEY AND
HAVE TO ANSWER
BEHALF
THREE TO US ON
OF THE ORGANISATIONS. I THINK THIS IS A VERY ODD ARRANGEMENT, HOW COME
THE STILL
IS IT SOMETHING YOU HAVE LEARNT FROM SUPPORT IT?
I POLITICAL SCENE?
THIS IS A VERY UNBALANCED RESPONSIBILITY AND SPREAD OF RESPONSIBILITY.
THINK
YOU
SHARE
BRITISH OF
BRITISH WAS
THE FROM GOVERNOR: LET ME SAY A WORD ABOUT WHAT I LEARNT POLITICAL SCENE ON THIS MATTER, BUT FIRST OF ALL SAY THAT WHILE I
SAYING INVOLVED IN THE BRITISH POLITICAL SCENE, I THINK I'M RIGHT IN
TASK FORCE ON THAT IN THE EARLY 1980'S HERE IN HONG KONG WE HAD A PROPERTY PRICES AND THAT DID A GREAT DEAL OF WORK ON LAND SUPPLY.
EARLY 70'S SORRY THINK I'VE GOT THE TIMING RIGHT, MAYBE I'M OUT. WAS STILL INVOLVED IN BRITISH POLITICS AND NOT VERY LONG TASK FORCE HAD DONE ITS WORK AND DONE IT EXTREMELY WELL, THE
90 I THINK THAT ONE HAS ADJUSTED PROPERTY PRICES RATHER SHARPLY. BEAR THAT IN MIND, BEAR PAST EXPERIENCE IN MIND IN TAKING THESE OF DECISIONS.
I I
AFTER THE MARKET
TO SORT
/NOW FOR
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