Hongkong – Home loans ‘not on the cards for first-time buyers’

Government won’t offer mortgages to increase ownership even though it remains mindful of public aspirations, says housing minister.

Professor Anthony Cheung’s comments came as he tried to play down rumours about government measures to increase home ownership after yesterday’s second meeting of the Long-Term Housing Strategy Steering Committee.

He said the government would not set a rigid home ownership target even though it was mindful of public aspirations of owning a flat.

See on www.scmp.com

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