November 2025 – January 2026 | Population policy

Hong Kong’s population trends and long-term planning challenges are analyzed using data and projections. An increasingly mobile population requires major policy adjustments.

October 2025 | Policy Address 2025

The effectiveness of the new housing policy measures in the 2025 Policy Address is analyzed, with empirical data and new projections. Increases in public housing unit circulation are a step in the right direction, but need to be deepened.

September 2025 | Pathway to Increasing Homeownership

Expanding subsidized homeownership and ensuring sufficient housing supply should be prioritized as key public policy reforms in Hong Kong.

August 2025 | Policy Address 2025

HKFEI’s 2025 Policy Address Consultation Paper has been submitted. Housing reform is highlighted as key to Hong Kong’s future using quantitative evidence and economic analysis. Lessons from failed past reforms are discussed. Detailed recommendations for reform steps and timeline are provided.

June – August 2025 | Pathway to Increasing Homeownership

Reforms to public housing construction ratios and Home Ownership Scheme Secondary Market (HOSSM) regulations are proposed based on economic analysis of empirical evidence.

June 2025 | Cash Allowance Trial Scheme

The government’s cancellation of the Cash Allowance Trial Scheme is supported in our new article. A theoretical framework to inform the design of housing subsidy policy is also provided.

April 2025 | Tenants Purchase Scheme Relaunch Blueprint

A greater emphasis on subsidized homeownership over subsidized rental schemes is needed to address Hong Kong’s fiscal challenges. A strategic shift in Hong Kong’s housing policy towards homeownership subsidies is proposed.

March 2025 | Well-off Tenants Policy Reform

The passage of the Well-off Tenants Policy (WTP) reform is celebrated. The WTP reform adopts policy changes that we have forcefully advocated, including the use of rent-to-income ratio as a benchmark for evaluating WTP fairness. We now propose continued use of this benchmark to update WTP policy in future years.

February – March 2025 | Housing Reform Blueprint

Comprehensive housing reform is the key to addressing many of Hong Kong’s socioeconomic problems.

January 2025 | Economic Recession Crisis

The economic recession crisis in Hong Kong since 2019 is discussed. Talent and population policy are argued to be crucial role for Hong Kong’s future.

December 2024 | Population Policy

The government’s vision of developing Hong Kong into a metropolis capable of sustaining a population of 10 million people is supported. A thorough analysis of the challenges involved is provided. The establishment of a Population Policy Strategy Committee to formulate and oversee a sustainable roadmap is recommended.

December 2024 | Well-off Tenants Policy Reform

Housing Secretary Winnie Ho’s proposed reform to the Well-off Tenants Policy is forcefully supported by our latest article. The reform rectities a long-standing problem and should be enthusiastically adopted.

November 2024 | Subdivided Housing Crisis

The government’s decision not to implement initial rent control for subdivided units is supported. Empirical evidence and international policy experience suggest that initial rent control risks creating a permanent underclass. Alternative policies can address the subdivided housing crisis without distorting market mechanisms.

September – October 2024 | Strategies for Fundamental Reform

The importance and strategies needed for fundamental reforms in Hong Kong are analyzed in our latest articles.

September 2024 | Policy Address 2024

HKFEI’s 2024 Policy Address Consultation Paper has been submitted. Innovative policy frameworks and actionable recommendations across key policy domains are proposed, including housing supply, population planning, strengthened policy research and data science capabilities, support mechanisms for the reintegration of arrested youth, and sustainable healthcare reforms.

  • 2024施政報告建議書

August 2024 | Pathway to Increasing Homeownership

The shortage of affordable housing is shown to undermine Hong Kong’s efforts to attract talent. The Government is urged to prioritise and implement comprehensive housing and urban planning reforms.

February – May 2024 | Well-off Tenants Policy Reform

The Well-off Tenants Policy is shown to require fundamental reform. Population statistics demonstrate that public rental housing units are significantly misallocated to well-off tenants, thereby exacerbating the subdivided housing crisis.