In Hong Kong, many middle-aged parents are saving for their children’s weddings and homes, instead of their own retirement. Photo: Shutterstock

Hong Kong parents should learn from the West, and cut off the cash flow for adult kids

Topic |   Ageing society

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In Hong Kong, many middle-aged parents are saving for their children’s weddings and homes, instead of their own retirement. Photo: Shutterstock
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Indigenous villagers’ houses in Yuen Long. The small-house policy entitles male villagers descended through the male line to build a three-storey house on private land in the New Territories. Photo: Winson Wong

Don’t worry about Hong Kong’s small-house policy, the problem can only get smaller

  • Thanks to a falling birth rate, rural claims for “ding” rights, accorded only to male villagers, can only dwindle
Topic |   Hong Kong housing

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Indigenous villagers’ houses in Yuen Long. The small-house policy entitles male villagers descended through the male line to build a three-storey house on private land in the New Territories. Photo: Winson Wong
READ FULL ARTICLE