3
subsidy should be reserved for
+
those who need it. It should
On the other
hand
the
neither be universal nor permanent. cutting down or withdrawing of subsidy should be based on factual evidence. The assumption that all ten-year tenants have reached the Subsidy Income Limit and would be required to pay double rent unless they can prove otherwise is wrong in principle, especially when the estimate that the actual number of tenants who exceed the limit is only 5% of the entire category.
I support the proposal contained in the report provided
that :
(1)
end of their tenth years
income, and
the
rent
the at All tenants
declare
household their increase is based on actual financial positions of
the tenants.
(2)
These
(3)
tenants'
affordability
be taken into
account, so that such tenants of newer estates the rent of which
was
fixed at
median rent-income
ratio of 10% or more would not encounter hardship as a result of this measure.
The choice must always be open to those tenants to move to units of lower rent.
Report of the Domestic Rent Policy Review Committee
Members of the ad hoc group as well as LegCo Members of the OMELCO Standing Panel on Housing have been amply briefed by the Administration. They have also individually and collectively
met with interest
following points :-
groups.
Opposition
centres
around the