To go back to the main debate:
"Eligible employees who own a residential accommodation in Hong Kong for
self-occupation are considered as home
owner-occupiers. They are eligible for housing assistance under the specified terms and conditions.......will form part of the employees’ total taxable income."
Back in the real world the practice of purchasing a property that you don't live in, and to rent it out for personal gain might be considered 'fraudulent' under CX policy. This behaviour would perhaps be classified akin to gross misconduct, rather than - There, there, you didn't understand all the big words like "owner-occupiers", so we'll let you off. Get real!