Financial Secretary Paul Chan Mo-po has dismissed Hong Kong property developers’ objections to the vacancy tax. Photo: Edward Wong

Finance chief Paul Chan says plan to tax Hong Kong property owners hoarding vacant flats not just a money-spinner

Minister cites added justification of housing crisis, before officials unveil detailed proposal and as property developers say only a few thousand apartments lie vacant

Topic |   Hong Kong housing

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Financial Secretary Paul Chan Mo-po has dismissed Hong Kong property developers’ objections to the vacancy tax. Photo: Edward Wong
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