The price indices of private flats in Hong Kong have skyrocketed by 3.86 times between 2004 and now. Photo: Fung Chang The price indices of private flats in Hong Kong have skyrocketed by 3.86 times between 2004 and now. Photo: Fung Chang
The price indices of private flats in Hong Kong have skyrocketed by 3.86 times between 2004 and now. Photo: Fung Chang
Chiu Kam-kuen
Opinion

Opinion

Concrete Analysis by Chiu Kam-kuen

Hong Kong needs varied approach to ease housing shortage, including public-private partnerships, Lands Resumption Ordinance

  • Real wages have not kept up with surging Hong Kong real-estate prices
  • The average waiting time for public rental housing for general applicants is 5.4 years

The price indices of private flats in Hong Kong have skyrocketed by 3.86 times between 2004 and now. Photo: Fung Chang The price indices of private flats in Hong Kong have skyrocketed by 3.86 times between 2004 and now. Photo: Fung Chang
The price indices of private flats in Hong Kong have skyrocketed by 3.86 times between 2004 and now. Photo: Fung Chang
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Chiu Kam-kuen

Chiu Kam-kuen

International Director and Chief Executive of Greater China at Cushman & Wakefield