Cheung Chau

Adding three floors to the top of the existing outlying islands ferry piers is not likely help to make it a worthwhile and affordable experience for people to reside on Cheung Chau. Photo: Felix Wong

Ferry subsidies to push rents up further

I am a former resident of Cheung Chau. We moved there in the early 1980s as a low-rent refuge from a bear market so severe that even some stockbrokers, as I was then, had trouble affording Mid-Levels rents.