Long and short-term public rental housing wait in Hong Kong edges up to 4.8 years

The composite waiting time for general applicants for long- and short-term subsidised public rental housing in Hong Kong has edged up slightly to 4.8 years by the end of June, authorities have said, adding that a higher proportion of coveted homes in urban areas was allocated in the second quarter. Despite an increase in the “composite” figure, which includes temporary flats under the light public housing initiative, the Housing Bureau said on Thursday that the average waiting time for…