Rethinking Urban Renewal in Hong Kong

“Because urban renewal is profit-driven, said Law, it encourages the development of up-market properties that drive up rents. “It basically removes the ability for small businesses to survive,” she said. Take away a street market and you take away the livelihood of everyone involved in the market. The butcher with a stake in a business and a role in the community becomes an employee at Wellcome. “The government should rethink its strategy to protect the cultural diversity of Hong Kong. Right now, it seems to be going in the direction of becoming very monotonous”



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