Hong Kong’s rent control bill won’t please everyone but it’s a start

Rent control is a contentious issue and perhaps nowhere more so than in capitalist and laissez-faire Hong Kong. The city holds the unenviable crown of being the world’s most expensive for renters, according to a 2019 Deutsche Bank report on the global cost of living.Those with limited means are finding it increasingly difficult to find affordable accommodation. With an average waiting time of 5.8 years for public housing, the longest in 20 years, many are turning to the city’s 110,000…

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