HongKong

Hong Kong finance chief calls for ‘do-or-die determination’ in tackling housing issues, wealth gap




Hong Kong must get rid of subdivided flats in the next two decades by “drastically” increasing land supply and simplifying “tedious” planning procedures, according to Financial Secretary Paul Chan Mo-po.Writing on his official blog on Sunday, the finance minister said he regarded housing as a “significant political problem”, adding that authorities needed to exhibit “do-or-die determination” and think outside the box to resolve the issues behind the housing crisis, such as a yawning wealth gap…



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