HONG KONG, Oct 6 (Reuters) – Hong Kong leader Carrie Lam said on Wednesday the city was at a new starting point for development under a national security law imposed last year and her priority is to focus on tackling a long-standing housing shortage in the Chinese-ruled city. Authorities in Hong Kong and Beijing have long blamed unaffordable housing in the former British colony for deep-rooted social problems that they say helped fuel anti-government protests in 2019. Hong Kong is now ready again for a new start for economic development,” Lam said. “(It) will be the most important area in Hong Kong that facilitates our development integration with Shenzhen and connection with the GBA,” she said, referring to what is known as the Greater Bay Area. read moreThe average waiting time for public housing in Hong Kong has climbed steadily and now stands at more than 5.5 years.
