Hong Kong lawmakers have decided to protect some of the city’s poorest from exploitation by unscrupulous landlords by passing a law increasing rent increases for divided dwellings. The law, which comes into force next January, covers around 110,000 apartments and limits rent increases to a maximum of 10 percent per rental period, which is fixed for two years.
Hong Kong lawmakers have decided to protect some of the city’s poorest from exploitation by unscrupulous landlords by passing a law increasing rent increases for divided dwellings. The law, which comes into force next January, covers around 110,000 apartments and limits rent increases to a maximum of 10 percent per rental period, which is fixed for two years.
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