The Poverty Line and the Value of Public Rental Housing Subsidies to the Poor
The Poverty Line and the Value of Public Rental Housing Subsidies to the Poor
There is one very simple and costless way to alleviate poverty in one fell swoop. All one has to do is to transfer full private ownership rights of the public housing units to the occupying tenant free of charge. . … This would, according to the government study, lift 600,000 households in public rental housing above the poverty line. This would have been the best Christmas gift the Poverty Commission could bestow on the poor people in Hong Kong on the eve of the sixtieth anniversary of the Shek Kip Mei Fire.
Keywords: Public housing, Poverty Line, Family, Income
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