Backlash over $4.5 billion Hong Kong housing scheme poses headache for John Lee
HONG KONG - A flagship $3.4 billion (S$4.5 billion) plan by Hong Kong to build temporary housing to ease a massive shortage is facing fierce criticism over its high cost and the absence of a longer-term solution in one of the world's most unaffordable property markets. The global financial hub has long struggled with sky-high house prices, which have rocketed...