Home › Forums › Cheung - World Trade Center (Mon) › Message from hlien
First of all, I'd like to thank Steven(or is it Stephen?) for taking the time to speak to us today. I was most impressed not by his knowledge of the subject, but by his genuine conviction in making a positive difference in the community. I can only imagine the frustrations he had to endure and the bureaucracy he had to weave through in order to get anything done.
Having said that, I'm concern about the housing affordability issue. While it is great that we can get more and more foreign companies to invest in our city, the side effect of that would be the rising cost of housing and living standards. There have been a growing trend of college graduates moving back to live with their parent, not because they want to but because they cannot afford to live on their own. It's becoming harder and harder for young couples to pursue the American dream of owning a home locally, especially when they have to compete against investors who can pay everything in cash.