Political situation
Written by: Chen Chuolan
2021-01-30 16:27
Last update date: 2021-01-30 16:27
The Housing Association announced in July last year that it would raise the rents of its 20 rental housing estates by 8%. The new rents will be maintained until September 30, 2022. The average monthly rent for rental units will be approximately $2,321.
The Housing Association expects that the operating accounts of the rental housing estates will continue to record losses.
Eastern District Councillor Pei Zili posted on Facebook today (30th) that the epidemic in Hong Kong is continuing and the economy is still weak. Therefore, the district councillors of the housing associations who are exempt from housing estates jointly signed a request for the Housing Association to implement rent concession arrangements, which should also be considered Lower the rent for this year.
Eastern District Councillor Pei Zili posted on Facebook on January 30 that the epidemic situation in Hong Kong continues and the economy is still weak. Therefore, the district councillors of the housing associations have jointly signed with the Housing Association to request the Housing Association to implement rent relief arrangements.
(Bae Zili Facebook)
According to statistics, the economy of Hong Kong remained weak in the fourth quarter of last year. Gross domestic product (GDP) fell by 3% year-on-year, and the unemployment rate rose to a 16-year high of 6.6%, with 245,800 unemployed.
Pei Zili pointed out that the prolonged epidemic has led to Hong Kong’s socio-economic performance, the pressure on grassroots life has greatly increased, and the unemployment rate has reached a new high. Many citizens have been forced to pay no wages, and some industries have been forced to close down.
However, in October last year, the Housing Association was still determined to increase the rent by 8%. Even if the two-month rent concession was introduced in the same period, it would not be effective in alleviating people's hardship and coping with economic difficulties.
In view of this, Pei Zili said that the district councillors of the housing associations including the Eastern District Councilman Guo Zhicong, jointly asked the Housing Association to implement rent relief arrangements and consider reducing rents this year.
Pei Zili believes that Housing Collaboration is a public organization that takes care of the residences of more than 120,000 people. Although it is self-financing, it still has government support behind it and needs to take care of the grassroots. If the management can respond to the needs of residents in a timely manner and be compassionate, it will Significantly improve the living conditions of the grassroots.
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