Guiding Principle and Objectives of Land Supply

65.         Land shortage has seriously stifled our social and economic development and smothered many opportunities for people to start and expand their businesses. High housing prices and rents also affect young couple's plans to marry and start a family. This undermines family harmony and can cause potential safety and health hazards.

66.         We need land for housing development; we also need land for elderly homes, students' hostels and venues for hosting sports, religious, arts and cultural events. Yet, if we roll out the map, we will clearly see that outside the country parks and areas of high conservation value, Hong Kong still has many tracts of undeveloped land and potential sites for reclamation.

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