Hong Kong Housing Society reclaims 30 rental flats from wealthy tenants

The Hong Kong Housing Society has reclaimed 30 rental flats from tenants deemed too wealthy for public housing. The organization is investigating other tenants suspected of providing false information about their financial status. Ling Kar-kan, the new head of the society, stated that efforts to combat misuse of public rental flats are progressing well. New rental contracts now include stricter conditions aimed at preventing abuse by well-off tenants. Over the next five years, the society plans to build 17,000 new homes. Ling emphasized the importance of careful budget management during this period.