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

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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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