Berkeley CSUA MOTD:Entry 39264
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2025/05/25 [General] UID:1000 Activity:popular
5/25    

2005/8/25-26 [Politics/Foreign/Asia/China] UID:39264 Activity:nil
8/25    Vancouver has a lot, I mean A LOT of massive planned communities
        which include really nice looking affordable high-rise condos like
        the ones you'd see in HK or Taiwan. Does Bay Area have something
        similar?
        http://www.concordpacific.com/inourhomes/in_our_homes.html
        http://tinyurl.com/a3o8t    (Do we have this "social housing" thing?)
        \_ Wow.  Those taglines sound like stuff out of the 80's.
           \_ I wasn't born till the 80s. What's so special about those
              taglines? And is that GOOD 80s or BAD 80s?
        \_ These are owned, developed, and sold by HK's wealthiest man,
           Li Ka-shing. His vision was to transform parts of Vancouver into
           a completely walkable city, with shops, restaurants, work places,
           affordable home, and luxurious homes. It is no wonder many
           Canadians take pride in the HonKouver.
        \_ "About half of the 1,200 condominiums built so far have been sold
            to Hong Kong investors, who do not live in them. "
         http://www.nytimes.com/specials/hongkong/archive/0214hongkong-vancouver.html
        \_ Doubtful the BA will develop these. SF would be the ideal location
           but there is a general distrust against developers and skyscrapers.
           Recent residental towers in SF demonstrate that distrust and the
           results are unappealing. The punchline would be "the food is
           horrible AND such small portions too."
2025/05/25 [General] UID:1000 Activity:popular
5/25    

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www.concordpacific.com/inourhomes/in_our_homes.html
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tinyurl.com/a3o8t -> 7thfloormedia.com/projects/city.vancouver/show_6/feat/social/why.html
Housing is considered affordable when it requires less than 30% of a household's gross earning. Twenty-nine per cent of Vancouver households cannot affo rd market rents. For the city to continue to be the home of people from a range of incomes, it must provide an alternative to expensive market h ousing. he City's legislation that requires developers to provide up to 20% of new construction to social housing has been one way to meet th is need. In a large development like the Concorde-Pacific site, this ens ures that there will be a balance between high income and lower income r esidents. t the end of 1997, the city had 335 completed and occupied no n-market housing projects with 18,708 units. Another 15 projects were ei ther approved or under construction. Once they are completed, there will be 19,437 non-market units in Vancouver. At present, 15% of the total r ental units are social housing.
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www.nytimes.com/specials/hongkong/archive/0214hongkong-vancouver.html
WAITING FOR CHINA Straddling Two Worlds The maitre d'hotel welcomes them warmly, knowing they will order the rare st dishes, and leave a big tip. T hey are called "astronauts" because their rich husbands rocket back and forth to Hong Kong, where they still run businesses. Even though they are rarely in Vancouver, most "astronauts" and their wiv es have managed to become Canadian citizens. Their passports are prized insurance policies that allow them to straddle both worlds. They can ret urn to Hong Kong in the waning days of British rule, but can get out aga in if need be after the Chinese communist government takes over July 1 "I've been here almost three years but I don't feel like a Canadian at al l," said Betty, who did not want immigration officials to know her last name, or the name of her husband, because they do not yet have their pas sports. She was dining at the Victoria, but did not join the other women in mah-jongg, an ancient game like dominoes, because she finds their di splay of wealth vulgar. Besides, she does not expect to be in Vancouver much longer. Like many of the 110,000 Hong Kong Chinese who came here ov er the last decade to escape the uncertainty in Hong Kong, Betty now dre ams of going back, once she has the protection of a Canadian passport. With less than five months to go before the Union Jack is lowered for the last time in Hong Kong, what had seemed to be a massive and transformin g settlement of new Canadians has turned out to be something altogether different. For many Hong Kong Chinese, Vancouver is less a new home than a way stati on where they can safely keep their families and wealth while they wait to see what becomes of the island. Of course, the trip out of Hong Kong was one way for many exiles, and they are happily settled in Vancouver. But among the wealthiest immigrants, the only roots many have put down ar e in the billions of dollars they have pumped into the local economy. An d the tentative nature of their residency here has led to friction and r esentment. "Plan A is that when our daughter gets a little older we will let her go to boarding school and I will go back to Hong Kong," Betty said through an interpreter. "Plan B is for my husband to sell the business and move here." A Chance to Prosper Could Be Lost M any Chinese here say they are worried about recent attempts by the Chin ese government even before July 1 to restrict civil liberties in Hong Ko ng. But they say they are even more worried about missing the chance to make money in Hong Kong, where housing prices are rising at the same tim e they are falling in Vancouver. "July '97 is not a date that has really changed anything," said Terry Hui , president of Concord Pacific Developments in Vancouver. The company, o wned by Li Ka-shing, one of Hong Kong's richest tycoons, is making over a huge swathe of Vancouver's waterfront. About half of the 1,200 condomi niums built so far have been sold to Hong Kong investors, who do not liv e in them. No one knows how many people have returned to Hong Kong; a precise count is impossible because those who hold foreign passports can continue livi ng in Hong Kong without formally re-emigrating there. Canada's Foreign Ministry estimates there could be as many as 150,000 Can adian citizens in Hong Kong, and most of them are Chinese. Last year, th e Canadian government's office in Hong Kong renewed 10,000 Canadian pass ports, twice the number in 1994, suggesting that at least that many Cana dian passport holders are spending much of their time in Hong Kong. To become a citizen -- and obtain the treasured passport -- immigrants mu st prove they have established a permanent residence in Canada by purcha sing a house or enrolling children in school. Canada had seemed an ideal ref uge to Hong Kong's upper class because it did not require immigrants to declare wealth they held outside Canada, leaving traditionally secretive Chinese families to spread out their fortunes. But a new law scheduled to go into effect next year would force Canadians, including landed immi grants, to report all accounts, shares and property in excess of $75,000 . Recently, there have been reports of Hong Kong immigrants being grilled o n arrival at Vancouver's airport. This may be a sign that the Canadian g overnment is under pressure from disillusioned Canadians who feel that V ancouver has not benefited as much from the immigrants as was promised. Wealthy investors and entrepreneurs from Hong Kong once were considered s o desirable that the Canadian government gave many of them unconditional visas. In one program, all they had to do to qualify was create at leas t one new job. 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After the Tiananmen Square killi ngs in 1989, panic over the coming takeover by the Chinese sent many Hon g Kong families packing. They became rich overnight when they sold tiny apartments in Hong Kong for well over $1 million. In Vancouver, local residents who had considered themselves well off sudd enly realized that with the arrival of the newly rich Hong Kong immigran ts, and the sky high real estate prices they triggered, their own econom ic standing had dropped to middle class. "Immigration is OK when someone comes over to work as a domestic or in a laundry because the local people can feel superior to them," said Jack A ustin, a senator for British Columbia. "But it's pretty hard to feel sup erior to someone in a Mercedes." Many Hong Kong Chinese h ave built themselves mansions, and one even installed an elevator for hi s car. The Ming Pao and Sing Tao daily newspapers have nudged the Vancou ver Sun off some newsstands. When the Hongkong Bank of Canada planned to build a 30,000 s quare foot branch office in Chinatown, it called in a traditional feng s hui master to insure that the precise placement of two bronze lions at t he entrance would bring good luck. Toronto has received 140,000 immigrants from Hong Kong, about 25 percent more than Vancouver. But since Vancouver's population of about 525,000 i s only a quarter the size of metropolitan Toronto, the 110,000 immigrant s here have had a greater impact. Guilt-Ridden Fathers Pamper Children T his is immediately apparent in the Asian faces that now make up most of the graduating class photos at Sir Winston Churchill Secondary School, known here as Hong Kong High. A 17-year-old student, Wilfred Chan, said his father is an astronaut and half of his friends at school also are th e children of astronauts who only see their fathers every couple of mont hs. "Some kids have a lot of spending money and fancy cars," Chan said, gifts from guilty fathers trying to make up for their absence. Because they believe they will go back to Hong Kong, these students somet imes drop out of school, or get involved in Asian gangs, said John Cheun g, a trustee of the Vancouver board of education. Others who have free u se of their father's credit cards have been known to rent a karaoke bar for a private party. In one case, Cheung said, a student even forged a kidnapper's note and tr ied to extort money from his father in Hong Kong. "A lot of parents have not quite decided if they want to stay and make Canada their home or if they just want to be here long enough to get a passport and go back." For the most par...