A cylindrical public rental block in Lai Tak Tsuen estate in Tai Hang. Photo: Sam Tsang
Opinion
Opinion
The View
To solve a uniquely Hong Kong conundrum, let all public renters buy their flats
- The Tenants Purchase Scheme has had a curious effect on Hong Kong’s labour market. Renters, instead of homeowners, have higher jobless rates, probably to avoid the penalty for being well-off tenants. Here is one way to fix the problem
A cylindrical public rental block in Lai Tak Tsuen estate in Tai Hang. Photo: Sam Tsang