The Housing Committee of the Legislative Council will meet next Monday (8th) to discuss the rent adjustment of public housing. It is planned to increase the rent by 1.17% this year, and the actual increase for tenants is about $5 to $66 per month. The Housing Authority proposes a waiver The actual monthly increase amount for the first 12 months after the rent increase.
Leung Man-kwong, vice chairman of the Legislative Council Housing Panel and member of the Housing Authority's Subsidized Housing Committee, said on RTHK this morning (3rd) that the current HA's rent adjustment mechanism lacks flexibility and should be reviewed.
Liang Wenguang pointed out that under the current mechanism, the HA will review the rent every two years, and determine the adjustment range based on the changes in the "PRH Household Income Index". The practice is actually very rigid. At present, due to factors such as the epidemic, the economic cycle is not calculated in years, but may be calculated in months.
He pointed out that the biggest problem lies in the lack of flexibility of the mechanism, and it is not "adhere to the market". The temporary waiver of the increase is only a temporary solution, not the root cause. But there are gaps.” The mechanism should be reviewed, and more different factors such as inflation should be included in the indicators to more fully reflect the affordability of tenants, and empower the HA to make a final decision based on the actual situation.
Liang Wenguang.
(file picture)
Public housing plans to increase rent by 1.17% Chen Xuefeng proposes to set up a 24-month rent rebate for public housing plans to increase rent by 1.17% on average, an average increase of 26 yuan per household will take effect on October 1. Rent will be frozen for the first year
