Urgent.News

What's breaking now, across thousands of outlets.

World

Shorter public housing wait 'realistic and achievable'

A think-tank representative on Wednesday said the government’s target for cutting waiting times for public housing was reasonable and achievable, given that supply over the coming years was set to increase. That came in response to Chief Executive John Lee saying the government aims to shorten the waiting time to less than four years by 2030. Speaking to RTHK, Ryan Ip, the vice president of Our…

A think-tank representative recently stated that the government's goal of reducing public housing waiting times to under four years by 2030 is both reasonable and achievable. Ryan Ip, vice president of Our Hong Kong Foundation, made these remarks to RTHK, explaining that the government will significantly increase public housing supply over the next five years. Ip noted that production will be double compared to the past five years, suggesting that a four-year waiting time is realistic and achievable.

Ip also highlighted the completion of around 30,000 light public housing units in the coming years, which he believes will be sufficient to rehouse those currently living in subdivided units. Additionally, the government's plan to increase the proportion of larger flats for future subsidized housing projects in the Northern Metropolis is welcomed by Ip as a "good first step," given the abundance of land and housing in the area.

Ip further emphasized that there are additional factors to consider when developing university towns, such as campus layout, transport support, and financing methods.

Written by urgent.news from RTHK News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at news.rthk.hk →

More in World

More from Wednesday 16 September →