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  • October 22, 2014
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  1. Comment - Insight & Opinion - MY TAKE

    How Hong Kong's government subsidises those who need it least

    Posted Mar 27th 2014, 04:45am by Alex Lo

    ... to unimagined fortunes is well-known. Far lesser-known is how much we have directly subsidised the middle and upper-middle classes since 2004, mostly through property-related concessions. That's ... to medium-sized companies. Roll the drums please: It's private flat owners. Since the government consistently overestimated expenditure and underestimated revenue, it has faced an embarrassment ...

    http://www.scmp.com/comment/insight-opinion/article/1458027/how-hong-kongs-government-subsidises-those-who-need-it-least
  2. Comment - Insight & Opinion - LEADER

    End abuse of public housing

    Posted Oct 22nd 2014, 05:29am by SCMP Editorial

    ... with various excuses. Public housing is a case in point. It goes without saying that subsidised rental flats are built for low-income earners who cannot afford private housing. Given the limited supply ... is right because of a possible backlash from their constituents, they are putting their own interest above the public good. Allowing wealthy families to enjoy subsidised housing is not just unfair ...

    http://www.scmp.com/comment/insight-opinion/article/1621596/politicians-and-officials-must-act-end-abuse-public-housing
  3. News - Hong Kong - HOUSING

    100,000 children’s families in queue for public rental flats

    Posted Aug 25th 2014, 05:31am by Patsy Moy

    ... Patsy Moy patsy.moy@scmp.com 100,000 children's families in queue for public rental flats The number of children whose families are in the queue for public housing has jumped 30 per cent in three years and now tops 100,000, a welfare group says. A family of four now has to wait six to seven years on average to be allocated a public rental flat despite a pledge by Chief ...

    http://www.scmp.com/news/hong-kong/article/1580445/100000-children-queue-public-rental-flats
  4. Comment - Letters

    High house prices are a bigger problem than a lack of democracy

    Posted Oct 12th 2014, 04:14am by LETTERS

    ... instead of real-end users. This alarming trend will persist as the government is unable to sufficiently slow demand using higher stamp duties and taxes. Property developers are able to subsidise ... or private housing being built, Hong Kong's housing problems can never be solved and will only get worse. Another worrying trend is the construction of micro flats. For example, an initial plan ...

    http://www.scmp.com/comment/letters/article/1614571/high-house-prices-are-bigger-problem-lack-democracy
  5. News - Hong Kong - HOUSING

    Public-flat funding 'no longer works'

    Posted Jun 13th 2014, 04:48am by FANNY WF FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Housing Authority can no longer raise enough money from selling subsidised flats to build more homes for rental, minister admits Public-flat funding 'no longer works' The Housing Authority policy of building public rental flats with the proceeds of subsidised homes built for sale is "no longer applicable", the housing ...

    http://www.scmp.com/news/hong-kong/article/1531043/public-flat-funding-no-longer-works
  6. News - Hong Kong - HOUSING

    Public flat tenants face 10pc rent rise

    Posted Jul 03rd 2014, 03:26am by Olga Wong

    ... rental flats by selling subsidised homes no longer worked. The authority has predicted that its reserves of HK$68.1 billion would fall to HK$28.3 billion within four years. An authority working ... Olga Wong olga.wong@scmp.com Public flat tenants facing 10pc rent rise Public housing tenants will be asked to help relieve the Housing Authority's financial burden with a rent ...

    http://www.scmp.com/news/hong-kong/article/1545118/housing-authority-set-increase-rents-public-flats-10-cent
  7. News - Hong Kong - SOCIETY

    Middle-aged singles get public rental housing priority

    Posted Oct 15th 2014, 04:07am by FANNY FUNG

    ... Fanny W. Y. Fung fanny.fung@scmp.com Shift in points system and more allocated flats for people in 45-plus age group in bid to relieve acute shortage of public rental properties ... The measure was among a basket of proposals the Housing Authority's subsidised housing committee discussed to address the acute shortage of public rental housing in the city. "There may ...

    http://www.scmp.com/news/hong-kong/article/1616448/middle-aged-singles-get-public-rental-housing-priority
  8. News - Hong Kong - DEVELOPMENT

    Longer wait for flats on the cards amid building shortfall

    Posted Jul 24th 2014, 04:57am by FANNY W. Y. FUNG

    ... for flats amid shortfall The Housing Authority may "for a short period of time" fail to keep the average waiting time for public rental housing within three years. The authority said this yesterday after it was revealed that the number of new flats available this year would fall short of the government's construction target. Only 8,900 flats will be completed this year, far ...

    http://www.scmp.com/news/hong-kong/article/1557701/expect-longer-waits-flats-amid-shortfall-well-catch-soon-says-housing
  9. Property - Hong Kong & China - PROPERTY

    Developers squeeze out tiny flats as home prices soar

    Posted Oct 20th 2014, 04:56am by Sandy Li

    ... out tiny flats For the past three years, Lily Kuang has preferred hanging out at cafes with friends, spending time at the library or even working longer in the office to returning home to her tiny flat too early. The 35-year-old from Chongqing has been living in a studio flat of about 200 sq ft in Wan Chai after the multinational company she works for sent her from Beijing to Hong ...

    http://www.scmp.com/property/hong-kong-china/article/1620091/developers-squeeze-out-tiny-flats-home-prices-soar
  10. News - Hong Kong - EDUCATION

    'Prejudice' claim as centre struggles for a new home

    Posted Oct 03rd 2014, 03:55am by SHIRLEY ZHAO

    ... What kind of a city has Hong Kong become?" One of the locations she had applied for, on an estate of government-subsidised flats in Chai Wan, had been vacant for nine years. But when ... 'Prejudice' claim as centre struggles for a new home The head of a government-subsidised NGO has accused officials of "prejudice", saying they have ignored preschool children with special ...

    http://www.scmp.com/news/hong-kong/article/1608320/prejudice-claim-centre-struggles-new-home

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