audio

Tai Po Fire Survivors Agree to Sell to Authorities

The Heavy Hand of Compulsion: Buying Out the Survivors of Tai Po's Inferno The latest numbers from Hong Kong's housing authorities show that 75.

8% of homeowners in one of the few blocks spared by last November's devastating fire at Wang Fuk Court have agreed to sell their flats to the government under the buy back scheme.

At first glance, the sheer scale of the agreement seems almost anticlimactic – after all, what else could one expect from a program that offers prices ranging from $8,000 to $10,500 per square foot?

Read the full story

Read on Vociamo →