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Why some Wang Fuk Court owners have refused buy-back deal even as deadline nears
Power & DiplomacySouth China Morning Post29 Aug, 10:45 amAtlasHour
Power & Diplomacy

Why some Wang Fuk Court owners have refused buy-back deal even as deadline nears

As the deadline approaches for homeowners to accept the Hong Kong government’s deal to buy back their flats at fire-ravaged Wang Fuk Court, some who refuse to sell have said the offer cannot make up for the loss of their property and communal bonds. With the clock ticking to the August 31 cut-off date, the South China Morning Post spoke to six residents determined not to sell their homes at the devastated Tai Po estate, even though experts see the government’s offer as generous and compulsory...

Source-linkedAtlasHour DeskSouth China Morning Post29 Aug, 10:45 am

What happened

As the deadline approaches for homeowners to accept the Hong Kong government’s deal to buy back their flats at fire-ravaged Wang Fuk Court, some who refuse to sell have said the offer cannot make up for the loss of their property and communal bonds.

Why it matters

AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.

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The consequence layer

AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.

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Key Facts

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South China Morning Post

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