Yuen Yuk-ting and her baby daughter live with the rest of their family of five in a rented 270 sq ft flat in Chai Wan. Together, the family earns too much to qualify for government-subsidised housing, yet too little to afford a flat in the private market. The “starter homes” scheme is meant to help young, first-timer buyers in the so-called sandwich class. Photo: Xiaomei Chen
Michael Chugani
Opinion

Opinion

Michael Chugani

How Hong Kong’s greedy property tycoons can redeem themselves

Michael Chugani says even if the super-rich developers won’t give away most of their wealth, they should donate one block in each new residential complex to the government for starter homes, to help ease the problem of unaffordable housing in Hong Kong

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Yuen Yuk-ting and her baby daughter live with the rest of their family of five in a rented 270 sq ft flat in Chai Wan. Together, the family earns too much to qualify for government-subsidised housing, yet too little to afford a flat in the private market. The “starter homes” scheme is meant to help young, first-timer buyers in the so-called sandwich class. Photo: Xiaomei Chen
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