'Subdivided flat rents going up after subsidy move' - RTHK
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'Subdivided flat rents going up after subsidy move'

2020-02-20 HKT 15:45
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  • 'Subdivided flat rents going up after subsidy move'
A concern group said on Thursday that some landlords are already demanding rent hikes after the Chief Executive promised cash subsidies for low-income households, as it called on the government to study rent control measures.

The Carrie Lam administration had announced last month that it would look into introducing rent controls for subdivided flats. But the Alliance of Promoting Tenancy Control said this is not good enough, as the authorities did not set out any timetable.

Tammy Chu from the group said they recently interviewed 240 people living in subdivided flats, and one-third of them said they were already facing higher rents.

Chu said any move to pay more subsidies to poorer sections of society will be seized upon by greedy landlords.

The group instead proposes rent controls, under which landlords of subdivided flats won't be able to ask for a rent increase of more than 10 percent when they renew contracts.

The group urged the government to consult the public over the issue, before coming to a conclusion.