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Hong Kong Budget 2018-2019
Hong KongHong Kong Economy

Housing woes, funds to learn Chinese, and R&D: Hong Kong students voice budget concerns

Three students give their verdicts on finance chief’s 2018-19 budget

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Whit Cheng, 22, is a visual arts student at the Institute of Vocational Education. Photo: Felix Wong
Su XinqiandPeace Chiu

Whit Cheng, 22, a visual arts student set to graduate this year from the Institute of Vocational Education, hoped Hong Kong’s new budget would offer financial help to find low-cost spaces to stage exhibitions and create work.

But Cheng said housing was the most pressing need for the city and agreed with turning abandoned schools into flats.

“Housing is, after all, the most pressing problem in Hong Kong. And despite all the difficulties of being an artist here, one can always find some space if he or she is determined,” Cheng said.

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Hong Kong Financial Secretary Paul Chan Mo-po proposed on Wednesday in his second budget that vacant government sites or school premises be available for use by non-governmental organisations.

Hong Kong reboots with ‘back to the future’ budget as Paul Chan splashes HK$50 billion on hi-tech spending and HK$50 billion on goodies

The government has set aside HK$1 billion to subsidise the cost of restoration for eligible projects.

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