Hong Kong needs to tackle housing, leader Carrie Lam says

October 6, 2021

HONG KONG (Reuters) – Hong Kong aims to target its chronic housing problem, the financial hub’s leader, Carrie Lam, said on Wednesday, as property prices in the world’s most expensive city hover near record highs.

Her comments came at the start of an annual policy address expected to focus on housing and livelihood concerns.

(Reporting by Twinnie Siu, Clare Jim and Donny Kwok; Editing by Anne Marie Roantree and Clarence Fernandez)

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