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HKSARG continues effort to reduce supply of residential rental units

HK Government, 11-Apr-2017

Yes, that's what they're doing, by insisting that unless you pay punitive stamp duty, you can only own 1 flat, which you will probably occupy, and meanwhile, if you are moving to HK, you can't own one for 7 years until you become a permanent resident, so you have to rent, if you can find an owner who doesn't occupy their flat.

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