Sunday, December 21, 2014   

Views over rent controls
(07-24 15:05)

Legislators have been told that reinstating rent controls wouldn't necessarily solve housing problems faced by many grassroots tenants.
Some groups attending a special meeting of Legco's Panel on Housing called for limits on annual rent increases and a minimum notice period for terminating leases.
But others warned that such moves could lead to a decrease in the supply of flats available for rent.
Lawrence Poon, from the Hong Kong Institute of Surveyors said there were better ways to deal with high rents.
He suggested raising the subsidy level for those in the grassroots, who are facing financial problems, to help them maintain the same quality of living even though their rents have gone up. --RTHK   
Other Hong Kong breaking news:
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(SHKP trial) Two middlemen detained after convicted (12-19 18:50)
(SHKP trial) Verdicts for high profile bribery case of Rafael Hui, Kwok borthers (12-19 18:35)
(SHKP trial) Rafael Hui: from top official to convicted (12-19 18:16)
(SHKP trial) Billionaire brothers at heart of trial (12-19 18:11)
(SHKP trial) ICAC remains unbiased in investigations (12-19 17:13)
(SHKP trial) Jurors exempted from jury duty in five years (12-19 17:00)
(SHKP trial) Raymond Kwok thankful his name cleared (12-19 16:42)
(SHKP trial) Alan Leong calls for improvement in vetting and disclaration system (12-19 16:35)
(SHKP trial) 'Black eye' for Hong Kong: analyst (12-19 16:32)

More breaking news >>

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