DigiNepal
Why Hong Kong should rethink premiums for private recreation clubs
Why Hong Kong should rethink premiums for private recreation clubs
Private recreation leases have a long and contentious history in Hong Kong. Complaints about the inequity of granting land leases to private clubs at a nominal premium for the exclusive enjoyment of a small number of members have been raised many times. This issue is increasingly pressing. Twenty-seven sites are involved and almost all the leases for these sites are set for renewal next year. In…