People walk past a property agency in Tsim Sha Tsui, Hong Kong. Encouraging home ownership may not free up as many public rental units as the government would like. Photo: EPA

Can a government push for home ownership ease Hong Kong’s housing shortage?

Regina Ip says the latest policy measures may well reduce waiting time for public rental flats. Unfortunately, they will also create massive new demand for private housing, at a time when prices are already sky-high

Topic |   Hong Kong housing

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People walk past a property agency in Tsim Sha Tsui, Hong Kong. Encouraging home ownership may not free up as many public rental units as the government would like. Photo: EPA
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