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The Housing Authority plans to increase the rent of public housing by 9.66% from September this year

2020-06-24T11:53:01.339Z


According to the current rent adjustment mechanism, the Housing Authority reviews public housing rents every two years. According to the latest public housing income household data, the Housing Authority recommends to increase rents by 9.66% from September 1, based on the average monthly rent of 2,072 yuan in December last year. The average increase is about 200 yuan, and the rent increase is 42 yuan to 498 yuan.


Social News

Written by: Wang Jieen

2020-06-23 16:16

Date of last update: 2020-06-23 16:16

According to the current rent adjustment mechanism, the Housing Authority reviews public housing rents every two years. According to the latest public housing income household data, the Housing Authority recommends to increase rents by 9.66% from September 1, based on the average monthly rent of 2,072 yuan in December last year. The average increase is about 200 yuan, and the rent increase is 42 yuan to 498 yuan.

May consider providing rent relief

At present, the economy of Hong Kong continues to deteriorate, and the unemployment rate is high under the new coronary pneumonia epidemic. There have been many voices in the community recently, and I hope the HA will freeze rents.

The Housing Department admits that the economic prospects of Hong Kong have become more challenging, but due to legal constraints, the authorities stated that it is necessary to review public housing rents every two years. If rents are not adjusted in accordance with the established mechanism, they will not act in accordance with the Housing Ordinance, but they think Under the regulations, consider whether to provide rent relief.

Rent-free one month deficit will exceed 1.1 billion yuan

The Housing Department estimates that when public housing rents are increased by 9.66% in September this year, the operating accounts for rental housing in 2020-21 will improve from a deficit of approximately 703 million yuan to a surplus of approximately 427 million yuan.

However, if one month's rent relief is provided after rent increase, the deficit in 2020-21 is expected to increase from 703 million yuan to approximately 1.186 billion yuan, and the average monthly operating deficit of each public housing unit will be increased from About 72 yuan was increased to 122 yuan, instead of about 44 yuan surplus after rent increase.

Government pays July rent of 760,000 public housing tenants free of rent

Public housing or reverse rent increase Yin Zhao insists on absurdity and advocates rent-free hedging growth

According to the mechanism or to the public housing against the market rent increase committee approved ridiculously advocates freezing rent

The Housing Authority's first round of surveys involved 170,000 public housing units with maintenance expenditures of approximately 1.16 billion

Housing Authority Public Housing Plus Public Rental Housing

Source: hk1

All news articles on 2020-06-24

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