Housing Group Backs CE's Original Subsidy Comment

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-10-13 HKT 10:23

Share this story

facebook

  • Lai Kin-kwok from the Subdivided Flats Concerning Platform told RTHK he was more optimistic that the process of building public flats could be sped up now that the government faced less opposition. Photo: Shutterstock

    Lai Kin-kwok from the Subdivided Flats Concerning Platform told RTHK he was more optimistic that the process of building public flats could be sped up now that the government faced less opposition. Photo: Shutterstock

A concern group says the Chief Executive Carrie Lam comment about subsiding people in the public housing queue is something it has been proposing for some time, even though she later backtracked on what she had said.

Lam said making the Housing Authority pay the subsidies was just an idea and not a serious proposal, after her comment resulted in speculation that she was trying to blame the authority for the long queue.

Lai Kin-kwok from the Subdivided Flats Concerning Platform told RTHK he was more optimistic that the process of building public flats could be sped up now that the government faced less opposition in the community.

Lai said the average waiting time for a public flat was around 5.6 years but some people could be waiting up to 8 or 9 years. He said the main problem had been finding land for public flats.

In her policy address this month, Lam proposed a government reorganisation to speed up land supply for housing, along with a Northern Metropolis, near the border with Shenzhen, to help address the housing problem.

RECENT NEWS

TOPPAN Edge Becomes Japans First Qualified VLEI Issuer

The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more

SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more

Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin

South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more

China Funds Research On Stablecoins And Cross-Border Oversight

China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more

XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership

XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more

Brinc Launches VentureVerse Through Acquisition Of OG Club

Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more