Time for tough love

Word of caution: A Greenpeace survey reveals that the Hong Kong people’s shopping habits are among the unhealthiest in the world, and urges them to differentiate between their needs and their wants. — Reuters

Hong Kong parents are too willing to help their children get a home at the risk of the younger generations never learning to shoulder responsibilities. 

A RECENT survey by an insurance giant revealed that seven out of every 10 Hong Kong parents would be willing to chip in should their children wish to buy a home. Also, 53% of the parents said they were willing to extend the mortgage on their existing home to finance their children’s purchase.