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RE: LeoThread 2025-02-25 02:03

in LeoFinance5 hours ago

Part 3/6:

The Hong Kong government has proposed crackdowns on inadequate housing, which will come with new mandates on minimum size and other standards for subdivided homes. Under these regulations, landlords will be required to invest in the improvement of their properties, a process that, as many residents point out, could lead to increased rental costs. For families already struggling, the anticipated rent hike could push them further into poverty. Currently, the monthly rent for these cramped spaces averages around $280—a price that is already prohibitively steep for many low-income residents in the city.

Skepticism Towards Reforms