ExplainerCarrie Lam has said Hong Kong will consider a return to rent controls. But what are they?
- The history, causes, and details of a policy which has been implemented widely abroad – and twice already in Hong Kong
Rather than regulating all flats, the government’s focus this time will be on subdivided units – the so-called shoebox flats often regarded as the last housing resort for the needy.
Lilian Cheng talked to current and former government officials to find out more about the government’s rationale, and the feasibility and impact of such regulations.
What is being considered?
The Transport and Housing Bureau will form a study group and look into limiting rents in subdivided flats, as well as restrictions to improve the quality of the dwellings, such as installing independent meters for utilities, according to executive councillor Dr Lam Ching-choi. It will be the first time such a study has targeted subdivided units.
But a government source said the announcement appeared to be quite sudden, although discussions have been going on for years. The Housing Bureau still needs time to set up a working group, and there is no timetable yet for rent control to be implemented.