Rent Control Across the Globe: Hong Kong CE Says No to Rent Control

01-17 16:03

Rent control will not help to solve the housing problems in Hong Kong, said Chief Executive Leung Chun-ying.

Speaking in the question-and-answer session in the Legislative Council, Leung said rent control will only discourage people from becoming landlords, making those who cannot afford their own flats more difficult to look for homes. He reiterated that he would not want to touch on the issue.

Leung was asked by Civic Party’s Alan Leong Kah-kit, who criticized the Chief Executive for his policies failed to lower home prices.

 

Source: The Standard Hong Kong

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