Property News · October 31, 2017

Now we’re sowing the seeds of a good idea: make public housing occupants owners, not tenants


Secretary for Housing Frank Chan Fan maintained that the goal to build 280,000 public rental housing and subsidised flats for sale by 2027 had not changed even though there might be a change in the ratio of rental units and those for sale. — SCMP, October 29
I think he has the right idea. The way to house more people in public housing is to sell them that housing, not rent it to them.
Let’s start here with a little known statistic; little known because it is rather embarrassing to the…

Source : South China Morning Post
Read more…Now we’re sowing the seeds of a good idea: make public housing occupants owners, not tenants

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