Regina Ip’s proposal to cap shop rents at Hong Kong public housing estates run by Link Reit is labelled communist




Capping rent rises for shops at public housing estates would undermine Hong Kong’s status as the world’s freest economy, lawmaker Regina Ip Lau Suk-yee was warned on Monday as allies rounded on her over the controversial proposal.
The New People’s Party leader, who is also a policy adviser to Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor, on Sunday floated the idea of legislating to limit rent increases for stores in malls managed by the Link Reit, Asia’s largest…



Source link

Some local news is curated - Original might have been posted at a different date/ time! Click the source link for details.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Send this to a friend