Shenzhen’s unaffordable home prices could hurt Beijing’s plan to turn the Greater Bay Area tech hub into model city



a view of a city: Shenzhen has been granted autonomy by Beijing on a wide range of local policies, from land use to hiring global talent. Photo: Xinhua


Shenzhen has been granted autonomy by Beijing on a wide range of local policies, from land use to hiring global talent. Photo: Xinhua

Beijing’s blueprint to develop Shenzhen and showcase it a centrepiece of its economic reform and attract talent could hit a major stumbling block in the form of unaffordable housing prices, say analysts.

As part of a five-year plan to build the city into a “core engine” of reform by 2025, Shenzhen has been granted greater autonomy in using rural land for development purposes. The move, which will ease land supply crunch, is aimed at reining in escalating home prices and making the city more affordable to live. It was speculated that Beijing would give Shenzhen “additional land” by allowing it to absorb some neighbouring towns into its territory, but the central government did not do so.

“Home prices take up a major chunk of the cost of

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Library board approves 2021 draft budgets, hears Town Halloween plan

By Spencer Seymour, Local Journalism Initiative Reporter

The St. Marys Public Library board held their monthly meeting last Thursday and among the most important outcomes was the board’s approval of their 2021 draft budget.

The approved draft budget will now be sent to Town of St. Marys staff to be presented to Town Council for their consideration. The draft budget for the adult learning center was also approved by the library board, which did see more notable changes to the library’s budget. One of these changes was a request for a $1,500 funding increase from Stratford to help cover the costs of expanded adult learning services in the city. Earlier this year, the St. Marys adult learning center increased their presence in Stratford from two days to three days, and have expanded their hours of service, thus prompting the request for more funding. Since funding for the St. Marys adult

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JC Penney Headed For November Ch. 11 Plan Hearing

Law360 (October 7, 2020, 7:03 PM EDT) — A Texas bankruptcy judge on Wednesday set deadlines for J.C. Penney that would see the retailer submit its $1.75 billion asset sale plan and Chapter 11 plan to the court next week before heading for a possible pre-Thanksgiving confirmation fight.  

U.S. Bankruptcy Judge David Jones set the deadlines at a remote hearing that saw J.C. Penney argue that the case needed strict deadlines in order to finalize the sale and its Chapter 11 plan before the holiday shopping season, while a dissenting lender group argued more time was needed to see if a better offer could be found for the retailer’s…

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Development hell: Collapse of plan for Beech Brook site in Pepper Pike in face of opposition may not bode well for sale

CLEVELAND, Ohio — One of the most contentious political debates in Northeast Ohio this year is not about the presidential election, control of the Senate or even the Ohio Statehouse corruption scandal.

It’s about zoning in Pepper Pike.

Hundreds of yard signs bearing the phrase “No to Mixed-Use” are scattered throughout the small, well-to-do far-eastern suburb. They line the sidewalk-less residential streets as part of an effort that opposition organizer Manny Naft said aims to keep the city’s “bucolic” nature.

The signs refer to a measure on the Nov. 3 ballot to change the zoning for a 68-acre tract of land owned by behavioral health services nonprofit Beech Brook, along with two smaller adjoining lots. The issue has divided the community.

The division resulted in online bickering, contentious town hall meetings, threats of defamation lawsuits and even unused condoms left at Axiom Development Principal Bryan Stone’s home.

Stone, who lives

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Boris Johnson to unveil plan to power all UK homes with wind by 2030

Video: Shell to cut up to 9,000 jobs in low-carbon transition (Reuters)

Shell to cut up to 9,000 jobs in low-carbon transition

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Boris Johnson will promise to power every home in the UK with offshore wind energy within a decade, pledging to make the coronavirus pandemic a catalyst for green growth.



a man standing next to a body of water: Photograph: AJ D Foto Ltd/Alamy


© Provided by The Guardian
Photograph: AJ D Foto Ltd/Alamy

In a speech to the virtual Conservative party conference on Tuesday, he will say that the government will invest in a clean energy future to create “hundreds of thousands, if not millions of jobs” in the next decade.

The prime minister said the UK would “become the world leader in low-cost clean power generation – cheaper than coal and gas”, comparing the UK’s resources in offshore wind to Saudi Arabia’s oil wealth.

“We believe that in 10 years’ time offshore wind will be powering

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Turkey, Elm Creek flood prevention plan in works | Grand Island Local News

The third phase is actual construction.

In a best-case scenario, construction would take place in roughly five to six years.

“The first two (phases) would take four years, if you’re successful in getting the second grant funded,” he said. “The last phase would be up to the construction, which, as we know, it can take 20 or 30 years to get that kind of stuff done. Sometimes it happens faster. It just depends on the scale of the projects.”

The grants come at a time when the 2019 floods still are fresh in everyone’s minds.

“They had extensive flooding in Kearney due to Turkey Creek,” Mintken said. “Not that this would alleviate that kind of flooding because that was a record storm. Most of everything we would ever come up with for design, based on feasibility, would be for a 100-year storm with a 1% chance of happening.”

He added,

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Train Car for Sale in Marfa, TX, Could Be a Cool Getaway Plan

The tiny town of Marfa wasn’t always a hip area for artists. Before the migration of creative types to this small speck of desert in west Texas, Marfa was a train city with lines rumbling right through town.

Even today, “the train is such a presence in Marfa,” says Lauren Meader Fowlkes of Far West Texas Realty. She’s the listing agent for a decommissioned caboose now on the market for $285,000. “We’re a town built around the rail line.”

Now, in a fun nod to the town’s railroad history, this Santa Fe Railroad steel caboose seeks a new owner. Built in 1948 as one of three for the rail company, the caboose was pulled out of service in 1984. The train car weighs just shy of 60,000 pounds.

The current owner has owned the caboose for years.

“She bought it for her 40th birthday,” explains Meader Fowlkes. “They’ve had it

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Plan for homes, limited business approved near Huntsville and Crossover roads in Fayetteville

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FAYETTEVILLE — Planning Commissioners voiced displeasure over, but approved, a plan for homes and one lot with commercial use facing Huntsville Road west of Crossover Road.

The commission voted 7-0 Monday to approve the plan for 11 single-family lots on the north side of Huntsville Road. One additional lot abutting the street will feature some type of commercial use. A road would split up the middle of the nearly 2-acre site.

Commissioners in May approved rezoning the land, and the City Council subsequently approved, to a community services zone. The city’s community services zone allows single-family up to four-unit dwellings, as well as multifamily and accessory dwellings and cluster housing. Commercial uses include eating places, neighborhood shopping, gas stations or drive-through restaurants, offices and home occupations.

Several commissioners expressed disappointment at a lack of variety of housing types presented in the plan. Commissioner Matt Hoffman described the request as a

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Lebanese nominated premier resigns, in blow to Macron plan

BEIRUT – Lebanon’s prime minister-designate resigned Saturday amid a political impasse over government formation, dealing a blow to French President Emmanuel Macron’s efforts to break a dangerous stalemate in the crisis-hit country.

The announcement by Moustapha Adib nearly a month after he was appointed to the job further delays the prospect of getting the foreign economic assistance needed to rescue the country from collapse. Adib told reporters he was stepping down after it became clear that the kind of Cabinet he wished to form was “bound to fail.”

The French leader has been pressing Lebanese politicians to form a Cabinet made up of non-partisan specialists that can work on enacting urgent reforms to extract Lebanon from a devastating economic and financial crisis worsened by the Aug. 4 explosion at Beirut port.

An official in Macron’s office, commenting on Adib’s resignation, described it as “a collective betrayal” by Lebanon’s political parties.

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Russia given five more months to fix ‘deficient’ anti-doping plan

MONACO—Russia has been given five more months to fix a “seriously deficient” plan to combat doping in track and field, World Athletics said Saturday.

Track’s world governing body said Russia’s deadline was moved from Sept. 30 to March 1. A World Athletics task force reported the Russian track federation, known as RusAF, had so few experienced staff that it couldn’t compose an adequate road map for lifting a doping suspension which has been in place nearly five years.

“Although the draft plan was better than what has come before (in particular, in acknowledging the doping culture in Russian athletics, and in identifying some of the systemic issues that have to be addressed to change that culture), it is nevertheless seriously deficient and does not meet most of the requirements,” the task force said in a statement.

“The task force could not possibly provide feedback that would facilitate turning this product

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