Given an estimated 9,000 unsold flats across Hong Kong, such a tax, provided it is punitive enough, will have a welcomed impact. Photo: Fung Chang

Time for action, not just debate, in tackling Hong Kong’s housing crisis

Chief Executive Carrie Lam must show she means business and, with 9,000 unsold flats across the city, a punitive vacancy tax would be a good way to start

Topic |   Hong Kong housing

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Given an estimated 9,000 unsold flats across Hong Kong, such a tax, provided it is punitive enough, will have a welcomed impact. Photo: Fung Chang
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