On Friday s Backchat, we re talking about housing.
A Housing Authority committee has decided to plug a loophole that had previously allowed public housing tenants to apply for Home Ownership Scheme flats – even if they own a private home.
The prominent case of a murder suspect found to own a subsidised flat despite also owning a luxury property on Kadoorie Hill had brought attention to the issue.
Now, anyone who has owned a property within a two-year period is banned from buying a subsidised flat.
So what does this all mean? How will this affect the waiting time for public housing?
After 9:45am, we ll look at ticket sales for the $30 cinema day on Saturday.
9:00am - 9:45am: New rules on subsidised flats
9:00am-9:45am: Dr. Rita Li, Director of the Sustainable Real Estate Research Centre, Associate Professor at the Department of Economics and Finance, Shue Yan University
9:00am-9:45am: Cleresa Wong, Chair of the Subsidised Housing Committee of the Housing Authority
9:30am-9:45a