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First there are many public housing estates built by the government to rent out since 1960’s, like Wong Tai Sin estate and Choi Hung estate. The low income group can then rent a flat form the government by paying only about one third of the market price...
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In Hong Kong, there are about 30% of the population living in these rental units. Second, the government also used to build low-priced flats to sell, which is the Home Ownership Scheme (HOS). About 20% of Hong Kong citizens live in these estates like Tin Chung Court in Tin Shui Wai and Tung Tao Court in Shau Kei Wan...
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