Saturday, October 25, 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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CY should consider quitting: Tien (10-24 18:03)
High Court hears injunction application (10-24 15:48)
Sharp rise in new flats (10-24 15:48)
Lion Rock pro-democracy banner removed (10-24 15:44)
Tung calls for end of democracy protests (10-24 15:42)
More dialogue urged between govt and students (10-24 12:06)
Eleven arrested in connection with protests (10-23 19:00)
Some makeshift barriers removed in Mongkok (10-23 18:59)
Protests risk turning into civil disorder: Court (10-23 15:32)

More breaking news >>

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