In November, the Secretary for Housing,
Planning and Lands delivered a Statement on Housing Policy. It clarified
the Government's housing objectives and strategies, along with a series
of measures that support achievement of those objectives. The housing
policy announced under the statement is premised on three broad principles.
Firstly, the focus of the Government's subsidised housing policy should
be on the provision of assistance to low-income families that cannot
afford private rental accommodation. Secondly, the Government should
minimise its intervention in the private property market. Thirdly, the
Government should maintain a fair and stable operating environment for
the private property market by ensuring adequate land supply and provision
of efficient supporting infrastructure.
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