Residential buildings seen at sunset in Tseung Kwan O, Hong Kong on August 14. Photo: Sun Yeung
Letters | Hong Kong property: raising tax rates on rental assets is unfair
- Rental properties are retirement funds for many Hongkongers, given the city’s meagre Mandatory Provident Fund returns and lack of pension
- If retirement assets are to be taxed, should the government consider taxes on MPF, bank savings, stocks and bonds holdings as well to be fair?
Residential buildings seen at sunset in Tseung Kwan O, Hong Kong on August 14. Photo: Sun Yeung