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