Well-off Hong Kong public housing tenants should be given priority to buy subsidised homes as an incentive to move up the housing ladder, a lawmaker and a concern group have said, after authorities announced a plan to increase rent and evict wealthier households. Lawmaker Lo Wai-kwok, a member of the Legislative Council’s housing panel, on…
Well-off Hong Kong public housing tenants should be given priority to buy subsidised homes as an incentive to move up the housing ladder, a lawmaker and a concern group have said, after authorities announced a plan to increase rent and evict rich households. Housing panel lawmaker Lo Wai-kwok on Monday called on authorities to offer…
The government will take into account Hong Kong’s supply of public housing and other factors before imposing penalties on landlords who lease subdivided flats that do not meet a proposed tougher code, Deputy Financial Secretary Michael Wong Wai-lun has said. A day after delivering his policy address, Chief Executive John Lee Ka-chiu also said the…
Hongkongers under the age of 40 will be given an easier path to buy a subsidised home in the policy address to be unveiled on Wednesday, amid mounting concern about the city’s youth “lying flat” in a bid to get their own living space. Improving residents’ living conditions is expected to be a major focus…
About 30 per cent of Hongkongers would decline a pay rise to meet eligibility rules for public housing, a poll has found, while many of those who want to own a flat called for government subsidies as they can only afford a home that costs HK$3 million or less. The Federation of Public Housing Estates…