Residential buildings at Tai Hang and Causeway Bay.   Photo: Fung Chang
Residential buildings at Tai Hang and Causeway Bay. Photo: Fung Chang

Hong Kong developers, analysts warn against government pushing ahead with vacancy tax to solve city’s housing crisis

  • Secretary for Transport and Housing Frank Chan Fan told lawmakers on Wednesday he “would not rule out the possibility of proposing a vacancy tax again”
  • But analysts and developers’ representatives say the current economic situation is not a good time to revisit the policy

Residential buildings at Tai Hang and Causeway Bay.   Photo: Fung Chang
Residential buildings at Tai Hang and Causeway Bay. Photo: Fung Chang
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