you are a policy analyst working for Transport and Housing Bureau of the Government of Hong Kong Special Administrative Region (HKSAR), and that you are tasked by Permanent Secretary for Transport and Housing (Housing), to write a policy memo on key issues involved in dealing with the dilemma over conservation and development of Hong Kongs country parks peripheries, and potential policy options for the government of HKSAR.
You should pay close attention to the complexities involved in dealing with the controversies involved in the development of Hong Kongs country parks peripheries as a potential solution to housing unaffordability problem in Hong Kong, and how such complexities would impact formulation of policy options. Please outline policy options for the government of HKSAR and discuss their pros and cons. Please feel free to use relevant analytical tools (such as stakeholder analysis and political mapping) and concepts (such as market failures, government failures, issue framing and policy window) to generate evidence and insights for your arguments. Please restrict your attention to policy options based on the development of country parks peripheries only.
Your policy memo will be evaluated based on the quality of writing and analysis. In specific, your memo will be graded in the following four aspects:
1. Persuasiveness in argumentation
2. Appropriateness for the target audience