19
WEDNESDAY, APRIL 1, 1992
GOVERNMENT TO CONSIDER HOUSING NEED OF SANDWICH CLASS
* * *
WHAT
THE GOVERNMENT
CLASS WHO ARE NEITHER ELIGIBLE FOR AIDED HOUSING NOR ABLE TO BUY THEIR OWN HOMES.
IS TO CONSIDER IN THE COMING MONTHS
TAKEN TO ASSIST FURTHER MEASURES MIGHT BE
THOSE IN THE SANDWICH
THIS WAS STATED BY THE SECRETARY FOR PLANNING, LANDS, MR A.G. EASON AT THE RESUMED BUDGET DEBATE IN COUNCIL TODAY (WEDNESDAY).
ENVIRONMENT
AND
THE LEGISLATIVE
OF THE
STUDY OF HOUSING-RELATED PROBLEM MR EASON SAID THE
AIM OF REACHING SANDWICH CLASS WOULD BE CONDUCTED URGENTLY WITH THE CONCLUSIONS IN SIX MONTHS.
THE
STUDY
MIGHT INVOLVE
REVIEWING
AND
FOR ELIGIBILITY
INCLUDING INCREASING PRODUCTION UNDER THE HOME OWNERSHIP SCHEME (HOS)
REVIVING THE CONCEPT OF THE PRIVATE SECTOR PARTICIPATION SCHEME;
OR PERHAPS THE HOUSING MIDDLE-INCOME HOUSING;
AUTHORITY BUILDING HOUSEHOLDS WITH BETTER CLASS FLATS FOR SALE ON A COMMERCIAL BASIS TO INCOMES BETWEEN $18,000 AND $40,000 PER MONTH.
RAISE TO
THE HOS CHANGES IN PRIVATE IN HELPING THE LOWER
AUTHORITY'S DECISION HE SAID THE HOUSING
GREATER
ΤΟ REGARD INCOME LIMIT IN STEPS WITH SECTOR PROPERTY PRICES WAS A SIGNIFICANT STEP SEGMENT OF THE SANDWICH CLASS.
HE POINTED OUT THAT WITH EFFECT FROM TODAY, THE MONTHLY LIMITE WAS INCREASED TO $18,000.
INCOME
OVER THAT HONG KONG, HE
THE NEW INCOME LIMIT REPRESENTED A 29 PER CENT RISE OF LAST YEAR AND COVERED 78 PER CENT OF HOUSEHOLDS IN ADDED.
CENSUS SHOWED THAT THERE MR EASON NOTED THAT THE 1991 SLIGHTLY MORE THAN 250,000 HOUSEHOLDS WITHIN THE MONTHLY INCOME OF $18,000 $40,000.
OF THESE,
WERE LIMIT
ONLY SLIGHTLY MORE
THAN
WERE 30,000
LIVING IN
PRIVATE OR UNAIDED ACCOMMODATION.
THE
REST
WERE
EITHER
OWNERS-OCCUPIERS
OR
LIVING
IN FREE,
ACCOMMODATION WHICH WAS EITHER PROVIDED BY THEIR EMPLOYERS RENT OR IN PUBLIC AND AIDED RENTAL BLOCKS.
TO
WITH REGARD
WAYS TO PROTECT THE ASPIRING HOME-BUYERS, MR EASON SAID THERE WERE DOWN HAD COOLED
PRIVATE RESIDENTIAL
MARKET
MONTHS AFTER THE GOVERNMENT HAD TAKEN SEVERAL
AND ITS UNSAVOURY PHENOMENON OF SPECULATION UNRULY SCENES ASSOCIATED WITH QUEUING FOR FLAT IMMEDIATE SECONDARY MARKETS.
OF INTEREST
CLEAR
GENUINE
SIGNS THAT THE NOTICEABLY IN RECENT STEPS TO ADDRESS THE BY-PRODUCTS, SUCH AS CREATION OF SALES AND
/THE COOLING