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WEDNESDAY, OCTOBER 27, 1976
+WHILST BUSINESS IS UNDERSTANDABLY CONCERNED WITH EVENTS THAT OCCURRED IN THE COURSE OF LAST YEAR, AND THE POSSIBLE EFFECTS ON OUR TRADE, IT IS HOPED THAT A CONTINUED DIALOGUE AND CLEAR COMMUNICATION CAN DEVELOP WITH THE COMMUNITY TO ASSIST THE ATTORNEY GENERAL AND HIS OFFICE IN FINDING AN ACCEPTABLE SOLUTION TO THIS VEXING PROBLEM DURING OUR TRANSITIONAL PERIOD TOWARDS REALLY CLEAN AND STRAIGHTFORWARD DEALING IN BUSINESS, A FORMIDABLE GOAL FOR ANY COMMUNITY, BUT WORTHY OF OUR ASPIRATIONS FOR BETTER VALUES AND QUALITY OF LIFE, HE SAID,
ON HOUSING, MR. WU SAID IT WAS GRATIFYING TO KNOW THAT GOVERNMENT WAS TO EMBARK ON A HOME OWNERSHIP SCHEME, LONG ADVOCATED BY UMELCO MEMBERS AND THE PUBLIC.
+LET US THEREFORE EXPEDITE WITH VIGOUR THE PROGRAMMES AND BRING REASONABLE HOUSING TO THE REACH OF ALL AT THE EARLIEST POSSIBLE DATE, HE SAID.
MR. WU FELT REASURRED THAT THE GOVERNMENT HAD ACCEDED TO THE ADVICE OF UMELCO MEMBERS NOT TO COMPARE HOUSING DEPARTMENT RENTS TO INFLATED MARKET RENTS, THAT HOUSING SUBSIDY TO THE ELIGIBLE WOULD CONTINUE TO
BE THE GOVERNMENT POLICY, AND THAT ANY RENT INCREASE WOULD BE TOLERABLE AND GRADUAL AND TO MEET INCREASED MAINTENANCE COSTS ONLY.
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