HongKong

Hong Kong lawmakers pass tenancy control bill to protect poorest from landlord exploitation



Hong Kong lawmakers have moved to protect some of the city’s poorest from being exploited by unscrupulous landlords by passing a bill that caps rent increases for subdivided flats.The law, which comes into effect in January next year, covers about 110,000 flats and limits rent rises to no more than 10 per cent per lease period, which is set at two years.Legislators voted 37 to zero, with two abstentions, in favour of the Landlord and Tenant (Consolidation) (Amendment) Bill 2021 on Wednesday…



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