Hong Kong needs to tackle housing, leader Carrie Lam says

Hong Kong needs to tackle housing, leader Carrie Lam says

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Hong Kong Chief Executive Carrie Lam is seen on a tv screen as she delivers her annual policy address at the Legislative Council in Hong Kong, China October 6, 2021. REUTERS/Lam Yik

HONG KONG, Oct 6 (Reuters) – Hong Kong aims to target its chronic housing problem, the financial hub’s leader, Carrie Lam, said on Wednesday, as property prices in the world’s most expensive city hover near record highs.

Her comments came at the start of an annual policy address expected to focus on housing and livelihood concerns.

Reporting by Twinnie Siu, Clare Jim and Donny Kwok; Editing by Anne Marie Roantree and Clarence Fernandez

Our Standards: The Thomson Reuters Trust Principles.

Hong Kong Chief Executive Carrie Lam is seen on a tv screen as she delivers her annual policy address at the Legislative Council in Hong Kong, China October 6, 2021. REUTERS/Lam YikHONG KONG, Oct 6 (Reuters) – Hong Kong aims to target its chronic housing problem, the financial hub’s leader, Carrie Lam, said on Wednesday, as property prices in the world’s most expensive city hover near record highs.Her comments came at the start of an annual policy address expected to focus on housing and livelihood concerns.Reporting by Twinnie Siu, Clare Jim and Donny Kwok; Editing by Anne Marie Roantree and Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

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