6
sufficient safeguards have been made for tenants who may, for one reason or another, experience an unexpected drop in their income and are unable to pay double rent. A special committee will be set up to deal with these cases. To cater for changing economic and social circumstances, it has been suggested that the measures to address housing subsidies should be reviewed periodically.
Sir, it is
it is true that our public housing programme has and social economic growth
to
the
contributed stability. It is the firm belief of my Committee and myself that
the
revised
proposals
territory's
put
forward
in
the
Final Report
are
realistic and are the first step to address the issue of reducing
us It is now timely for public housing subsidies.
to make sure
will continue to be offered that while those
those in genuine need subsidies, our financial cake is properly and correctly divided.
0070D