Thursday, October 23, 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   
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