Hong Kong’s private market has stretched the wealth gap to ridiculous levels, and treats housing as a playground for fast-buck, labour-free rewards, similar to the stock market, race track and gambling hall. Illustration: Craig Stephens

Xi Jinping says houses are ‘for living in, not for speculation’. But is Hong Kong listening?

Barry Wilson says wealth creation should never be more important than our quality of life, and the Hong Kong government’s policy to encourage home ownership should not ignore other ways to give people a stake in society

Topic |   Hong Kong housing

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Hong Kong’s private market has stretched the wealth gap to ridiculous levels, and treats housing as a playground for fast-buck, labour-free rewards, similar to the stock market, race track and gambling hall. Illustration: Craig Stephens
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