Key facts
- Hong Kong Legislative Council President Andrew Leung proposed that home ownership should be viewed as a five-year objective.
- Leung emphasized the need for a balanced housing policy that considers both affordability and market stability.
Andrew Leung, the president of Hong Kong's Legislative Council, has suggested that individuals aspiring to own a home should set a five-year timeframe for achieving this goal. Leung highlighted the importance of a well-rounded housing policy that effectively balances the need for affordability with the maintenance of market stability. His remarks underscore the ongoing challenges in Hong Kong's property market, where high prices have made home ownership a significant hurdle for many residents.