Housing chief Winnie Ho says authorities need to consider flat pricing, property management issues and selection criteria
Hong Kong will launch a study next year to assess whether to bring back a scheme that helps current public housing tenants buy their rental flats, with polls covering tenants and families on the waiting list.
Officials faced mounting calls for relaunching the Tenants Purchase Scheme at a Legislative Council housing panel meeting on Monday, with some legislators saying the move could help boost social stability by raising Hong Kong’s home ownership rate.
Secretary for Housing Winnie Ho Wing-yin said the government recognised the merits of the scheme but careful consideration was needed to address issues that surfaced when the measure was first introduced in the late 1990s.
She told the panel that the government would take a broader view in addition to listening to the opinions of sitting public tenants.
