Housing Policy
The government's objectives are to help all households gain access to
adequate and affordable housing and to encourage home ownership in the
community. It seeks to achieve these goals by:
- assessing housing demand regularly and accurately;
- providing a sufficient supply of land, together with supporting
infrastructure, shortening development procedures and relieving
constraints on the construction industry;
- drawing up a long-term flat production programme and putting in
place an efficient mechanism for monitoring progress and problem
solving;
- creating the conditions to enable the private sector to make the fullest
possible contribution towards meeting the demand for housing, while
at the same time monitoring the private property market and, if
necessary, taking measures to discourage property speculation;
- implementing subsidised housing schemes to enable those in the
relevant income groups to buy their own homes;
- providing public housing at reasonable rents to those who cannot
afford any other type of housing; and
- implementing initiatives to address the housing needs of groups in
special need.
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