Analyses | Land, housing and infrastructure | 2016-11-24 | HKEJ

Are housing co-operatives applicable to Hong Kong?



A LegCo member suggested the Government to lease some land at a nominal fee of HK$1 to non-government organisations, which in turn can form housing co-operatives to develop residential units at affordable prices. Could housing co-operatives, which are neither for sale nor for rent, give a way out to the housing problem in Hong Kong?