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Tag: subsidised homes

New policy will force out 1,200 of Hong Kong’s most well-off tenants in 4 years
  • Hong Kong News

New policy will force out 1,200 of Hong Kong’s most well-off tenants in 4 years

Cs news4 months ago02 mins

Nearly 1,200 of the most well-off tenants in Hong Kong’s public rental flats will be forced out in four years’ time even if they are willing to pay higher rents, in a more aggressive move by the government to prevent abuse of housing resources, the Post has learned. However, those tenants would be eligible to…

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Hongkongers aged under 40 to find easier path to buying a home in policy address
  • Hong Kong News

Hongkongers aged under 40 to find easier path to buying a home in policy address

Cs news9 months ago02 mins

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…

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30% of Hongkongers would ‘lie flat’, decline pay rise to meet public housing rules, survey finds
  • Hong Kong News

30% of Hongkongers would ‘lie flat’, decline pay rise to meet public housing rules, survey finds

Cs news9 months ago02 mins

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…

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