Hong Kong is the world’s least affordable property market. Photo: Reuters
Vacancy tax on properties just a political gesture that will not address Hong Kong’s housing supply woes, experts say
- Centaline founder says developers can still resort to tactics such as allocating newly built homes to staff members to delay market access
- Lawmaker Andrew Wan believes proposed measure should be extended to foreign residents and companies
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Hong Kong housing
Hong Kong is the world’s least affordable property market. Photo: Reuters