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Subdivided Housing Rent Management | Subdivided Housing Organization Advocates Six-year Priority Rental Right, Owners Says Should Set One-Year "Running-in Period"

2021-04-01T01:13:32.424Z


The government-appointed sub-house rent control research working group submitted a report to the government yesterday (31st), suggesting legislation to regulate sub-house rent, including a fixed term of two years, no rent increase within two years, and tenants can receive a maximum of "2+2 "Four years


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Written by: Hu Jiaxin

2021-04-01 08:58

Last update date: 2021-04-01 09:01

The government-appointed sub-house rent control research working group submitted a report to the government yesterday (31st), suggesting legislation to regulate sub-house rent, including a fixed term of two years, no rent increase within two years, and tenants can receive a maximum of "2+2 "Four-year leasehold.

The report also proposes to regulate the renewal rents of subdivided housing. The increase shall not exceed the changes in the private residential rental index of the Department of Estimates of the past two years, and a 15% capping mechanism shall be set up.

If the index drops, the rents will have to be adjusted accordingly.

Deng Baoshan, the convenor of the Hong Kong Subdivided Housing Platform, said on the Hong Kong and Taiwan program "Millenniums" this morning that he believes that priority renewal rights are important, but four-year tenancy rights may not be enough. Six years will be ideal because the average citizen The waiting time for public housing is 5.7 years, so I hope that the rental period can be longer so that there will be a stable home.

Deng Baoshan, the convener of the Hong Kong Subdivided Housing Platform, said on the Hong Kong and Taiwan program "Millenniums" this morning that he believes that priority renewal rights are important, but four-year tenancy rights may not be sufficient, and six years will be ideal.

(Profile picture)

The tenant has the right to give the landlord one month's notice to terminate the lease after completing the first 12 months of the lease.

Deng pointed out that the current lease agreement of a subdivided house is dealt with in the form of "lifetime, one death". During the period of "birth agreement", both parties can terminate the contract through a notice period. There is no protection for the tenant. The landlord can rush a tenant away at any time. Currently, the proposed measures are for renting. Customer protection is greater.

She Qingyun, president of the owners' association, is unhappy with the suggestion

She Qingyun, the president of the Hong Kong Landlords Association, said on the same program that he was unhappy with the report’s recommendations. He believed that he was only "punishing the landlord and paying special attention to the priority renewal of the "2+2" year. He questioned why there is no one-year "run-in period" There is a running-in period for dating and dating." I am worried that if the tenant has behavior, such as drug users, and other units cannot be rented out, I believe that the existing scheme is likely to cause rental disputes and cause "blood cases" to occur.

She Qingyun pointed out that landlords do not have much opinion on the limits of the increase. For example, under the epidemic, some landlords have chosen to reduce rents, emphasizing that landlords are not "second landlords" and only want good tenants, stable rent mortgages and livelihoods.

The Government’s Appointment to the Government’s Working Group on the Study of Subsidiary Rent Control Submitted a Report to the Government yesterday (information picture)

Resident rent management | Tenants sigh that rent accounts for 80% of their income and the rent increase ceiling is too high: I don't know the residents are suffering

Sub-divided rent management | Group worries do not help She Qingyun: Not suitable for investment has decided to sell sub-divided houses

Subdivided rent management|Rent increase indicators are often higher than the inflation rate. No initial rent is set or the landlord increases rent first

Sub-Residence, Sub-Facility, Housing, Transportation and Housing Bureau

Source: hk1

All news articles on 2021-04-01

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