The endorsement by the Executive Council during the Thursday meeting will pave way for the introduction of these policies, of which more details are expected to be announced on Friday. Photo: K.Y. Cheng

Top advisers approve proposals for vacancy tax and more affordable flats to help ease Hong Kong’s housing crisis

Proposed vacancy tax to be twice the estimated annual rental value of a flat

Topic |   Hong Kong housing

TOP PICKS

The endorsement by the Executive Council during the Thursday meeting will pave way for the introduction of these policies, of which more details are expected to be announced on Friday. Photo: K.Y. Cheng
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Shirley Zhao

Shirley Zhao

Shirley joined the Post in 2013 after reporting from China for a Hong Kong-based magazine. She has covered education, and now focuses on housing, land and planning.

Olga Wong

Olga Wong

Olga Wong has focused on covering the environment, housing, urban planning and the ageing population at the Post since 2007. Her award-winning stories exposed loopholes in the Small House Policy and developers' unscrupulous sales tactics. She also worked at Ming Pao and was awarded the Best Young Reporter by the Newspaper Society of Hong Kong in 2001.

Jeffie Lam

Jeffie Lam

Jeffie writes predominantly about Hong Kong politics, but is also interested in social welfare issues, such as the city's ageing population and elderly care. She joined the Post in 2013 after beginning her career as a political reporter in 2009. In 2016, she won the English features merit prize in the 20th Human Rights Press Awards.

Pearl Liu

Pearl Liu

Based in Hong Kong, Pearl covers the property market in the city and China and follows major listed developers. She previously worked at The Straits Times and has also contributed stories to China Daily.