How 2 coming Hong Kong policies could promote subsidised flat turnover

Hong Kong’s Housing Authority will roll out two schemes in September to promote the effective use of subsidised homes by allowing owners to lease properties without paying a premium and encouraging elderly owners to swap properties for a smaller or remote flat.
The two initiatives received a green light from the subsidised housing committee of the city’s major public housing provider, the Housing Authority, on Thursday.
They would ease the current restriction on subsidised sale flats, which does...