Our Hong Kong Foundation think tank offers raft of land and housing proposals meant to ease anti-government protest crisis
- Think tank offers 10 suggestions, including interest-free loans for first-time buyers and the privatisation of public estates
- Researcher says ‘loans will help narrow the wealth gap between property owners and non-owners. This could help relieve the tension in our society’
A prominent Hong Kong think tank has put forth a range of housing proposals meant to help the city resolve its political turmoil, including interest-free loans for first-time homebuyers and the privatisation of public estates.
Our Hong Kong Foundation offered its 10 suggestions at a lunch on Wednesday, weeks before Chief Executive Carrie Lam Cheng Yuet-ngor delivers her annual policy address, which is expected to focus on housing and land policies.
The think tank, founded by former city leader Tung Chee-hwa, said its raft of property proposals could be the answer to the political crisis.
The government must tackle the deep-seated problem head-on
“Hong Kong is now facing an unprecedented storm,” said Eva Cheng Li Kam-fun, executive director of the foundation. “The government must tackle the deep-seated problem head-on.”
