A policy goal to increase the ratio of public housing in Hong Kong could be adjusted downwards once the average waiting time for a public rental flat has fallen, the city’s development minister has said. Secretary for Development Bernadette Linn told TVB on Sunday that the authorities decided to aim for a 70:30 split between public and private housing at a time when the focus was on boosting public housing supply. According to the Housing Authority, 30.7 per cent of Hong Kong’s housing in 2022 was public rental accommodation. Former leader Carrie Lam’s administration in 2018 set a 10-year targ…
