Such gaping inequality in a city where property generates much of the wealth requires government to intervene on the demand side of the property market. Photo: EPA
Peter Guy
Opinion

Opinion

The View by Peter Guy

Hong Kong’s property cartel is pushing wealth inequality to the brink

Raising welfare and pension payments, and reforming the MPF isn’t going to solve the main problem – a persistent property bubble sustained by a cartel

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Such gaping inequality in a city where property generates much of the wealth requires government to intervene on the demand side of the property market. Photo: EPA
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