Hong Kong leader forecasts proposals will provide over 1 million homes in next three decades but no ‘quick fixes’ offered

Hong Kong’s leader predicts her policy proposals will provide more than 1 million homes in the next three decades, but has only pledged to build 5,000 more temporary flats in the next few years, shrugging off “quick fixes” to ease the city’s housing crunch.Chief Executive Carrie Lam Cheng Yuet-ngor revealed in her policy address on Wednesday that Hong Kong faced a shortfall of 3,000 hectares of land for housing, economic and recreational developments over the next three decades to 2048, much…

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