Link Reit manages properties including Temple Mall in Wong Tai Sin. Why is the government proposing buying private properties to set up welfare facilities, when it can just buy back Link Reit? Photo: Sam Tsang
Opinion
Opinion
In a smarter budget, Hong Kong would spend HK$20 billion on buying back Link Reit and improving welfare
- The budget proposal to buy private properties to set up welfare facilities has come under fire, and the welfare secretary has said the government will not buy them from Link Reit. Actually, a smarter solution would be to buy back Link Reit
Link Reit manages properties including Temple Mall in Wong Tai Sin. Why is the government proposing buying private properties to set up welfare facilities, when it can just buy back Link Reit? Photo: Sam Tsang