Skyrocketing rent and property prices have contributed to rising inequalities in Hong Kong. Photo: Bloomberg
Skyrocketing rent and property prices have contributed to rising inequalities in Hong Kong. Photo: Bloomberg
Francis Neoton Cheung
Opinion

Opinion

Francis Neoton Cheung

Hong Kong needs common prosperity too, starting with affordable housing

  • Financial Secretary Paul Chan’s call for Hong Kong to support Beijing’s drive for greater equality is long overdue in a city dominated by property elites
  • The subsidised housing scheme recently launched by New World Development should push other developers to prioritise social impact over financial gain

Skyrocketing rent and property prices have contributed to rising inequalities in Hong Kong. Photo: Bloomberg
Skyrocketing rent and property prices have contributed to rising inequalities in Hong Kong. Photo: Bloomberg
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