Many stupid local peasants did not realized that they are not flat owners, but merely tenants or leasers with limited rights. This is the fundamental reason why Housing Mafia could evict peasants citing killer litter or banks are unwilling to accept public pigeonholes for loan guarantees. The sham that the regime promotes as 'home ownership' is a facade.
Hence, when No Porn Lui suggest property hike as a measure against future hikes should property prices increase, he proved to be a serpent in paradise who speaks with a forked tongue despite his holier than thou stance against bapoks.
Suppose property prices decline if the West reacts badly to the money printing plan, is No Porn Lui repealing his silly hikes? He probably laugh his way to the bank after his Master gave him a raise for a quick way to fleece stupid peasants. Since peasants are occupiers of the pigeonholes with no ownership rights, is property tax a fair way to drain them of a few dollars to fund Madam Ho's next overseas adventure?
No Porn Lui is therefore a contender for the 2009 Vermin of the Last Quarter.
Hence, when No Porn Lui suggest property hike as a measure against future hikes should property prices increase, he proved to be a serpent in paradise who speaks with a forked tongue despite his holier than thou stance against bapoks.
Suppose property prices decline if the West reacts badly to the money printing plan, is No Porn Lui repealing his silly hikes? He probably laugh his way to the bank after his Master gave him a raise for a quick way to fleece stupid peasants. Since peasants are occupiers of the pigeonholes with no ownership rights, is property tax a fair way to drain them of a few dollars to fund Madam Ho's next overseas adventure?
No Porn Lui is therefore a contender for the 2009 Vermin of the Last Quarter.