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Hong Kong lawmakers urge rethink of housing development policy for elderly
NEWS
5/11/2026

Hong Kong lawmakers urge rethink of housing development policy for elderly

Hong Kong lawmakers have called for a rethink of a government scheme to develop homes for the elderly, days after the city’s second largest public housing provider revealed it would stop building homes targeting senior residents for the coming 10 years. Lawmaker Andrew Lam Siu-lo of the Legislative Council’s housing panel said on Monday that the government had not been proactive enough in formulating a comprehensive elderly housing policy, urging authorities to provide new incentives for...

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SCMP Economy
Help to Buy scheme benefited top earners most, IFS study finds
Politics
4/23/2026AI summary

Help to Buy scheme benefited top earners most, IFS study finds

The Institute for Fiscal Studies found that the Conservatives' Help to Buy scheme primarily benefited high-earners in the top 10%, accelerating housing and wealth inequalities. Rather than helping people onto the property ladder, the policy helped already fortunate buyers accumulate wealth faster or purchase more expensive properties. The study adds to previous findings showing the scheme failed to address structural housing costs and represented a lost opportunity to invest in social housing or council building programmes.

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Guardian Business