HONG KONG, Oct. 16 -- Carrie Lam, Chief Executive of China's Hong Kong Special Administrative Region (HKSAR), on Wednesday announced a raft of short- and medium-term support measures to tackle the housing woes of Hong Kong, whose houses are among the least affordable in the world.

The measures, announced in the 2019 Policy Address, included providing 10,000 transitional housing units in the next three years, offering cash allowance, assisting first-time home buyers, among others.