Government Intervention and Housing Policy in Hong Kong PDF Download

Author: John Keung
Publisher:
ISBN:
Category : Housing policy
Languages : en
Pages : 35

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Author: Betty Yung
Publisher: Hong Kong University Press
ISBN: 9622099041
Category : Social Science
Languages : en
Pages : 240

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Book Description
This book examines housing policy in Hong Kong using a new and unique interdisciplinary approach – combining the philosophical discussion on social justice with policy and housing studies. It considers both Western and Chinese concepts of social justice, and investigates the role of social justice in a public policy such as housing. As a philosophical treatise on social administration, the book will be of interest to philosophy, public administration, and housing studies academics and students of all countries. Since Hong Kong represents a very special case with massive governmental intervention into the housing market, housing professionals and policy makers will find the analysis of Hong Kong's housing policy useful.

Author: Sai-Lun Paul Sin
Publisher:
ISBN: 9781360982946
Category :
Languages : en
Pages :

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Book Description
This dissertation, "Impacts of Government Intervention on Housing Market and Tenure Choices in Hong Kong" by Sai-lun, Paul, Sin, 冼世倫, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. DOI: 10.5353/th_b4500944 Subjects: Housing policy - China - Hong Kong Real estate business - China - Hong Kong Home ownership - China - Hong Kong

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
(Uncorrected OCR) ABSTRACT In Hong Kong, due to the government's strong intervention in the housing market, the housing subsidy system and rationing on owner-occupation and the public rental housing sector have significant impact on households' tenure decisions. As laid down in the first and second Long Term Housing Strategy respectively in 1987 and 1998. the government adopted an active policy of promoting home ownership towards privatization via various subsidies, like the Home Ownership Scheme (I IOS) and the I lome Purchase Loan Scheme (HPLS). During this period, property ownership was also regarded as an inflation-resistant investment and an effective wealth accumulation vehicle. Unfortunately, the property market slump following the 1997 Asian Financial Crisis has come to mean Ihe cessation of the "wealth escalator" function of property ownership. In view of lackluster property market and the political pressure, the government took the unprecedented decision on 13 November 2002 to extricate itself from the role as a direct provider of subsidized sale flats, allowing market forces to address the problem. A new Home Assistance Loan Scheme (HALS) was introduced on 2 January, 2003 as a phase process. On 14 July 2004. the Hong Kong Housing Authority (HA) also ceased the provision of 1IALS in order to be freed from the heavy financial burden. Currently, the subsidized home ownership of 1 long Kong is abolished. It is noted that structural changes that characterize the housing and labor markets in the new age of global economy are creating some impact on housing market behavior. As the risks arising from the higher incidence of unemployment, low wage work and volatile housing prices increase, homeowners now prudently, re-assess the terms and conditions before committing to mortgage arrangements. This research centers on investigating the determinants of tenure choice from the approved purchasers of HALS and their views over producer and customer subsidies to home own.

Author: Tsz-Ping Choi
Publisher: Open Dissertation Press
ISBN: 9781361365199
Category :
Languages : en
Pages :

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Book Description
This dissertation, "Government Intervention in Property Market and Its Public Response: a Study of Stamp Duties and Other Measures in Hong Kong" by Tsz-ping, Choi, 蔡子平, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: This paper studies the effect of government measures on Hong Kong's property market. Government intervention appeared to describe the involvement and engagement of government in property market. Nowadays, the problems of supply-demand imbalance exist in Hong Kong's property market, leading to high property price. The government is liable to intervene in the market in order to maintain the stability of economy and society. For demand-side measures, the government introduced three property cooling measures on stamp duty taxation adjustments and successfully stabilized the overheated residential property market. For supply-side measures, the government regularly initiated the role of Annual Land Sale Programme. The resumption of Home Ownership Scheme (HOS) in 2011 also increased the supply of housing to middle-income households and youngers to fulfill their aspiration of homeownership. A questionnaire survey was conducted to collect public responses on the above government measures and results showed that most of the respondents supported the above government measures. DOI: 10.5353/th_b5334566 Subjects: Residential real estate - Government policy - China - Hong Kong

Author: Sai-lun Sin (Paul)
Publisher:
ISBN:
Category : Home ownership
Languages : en
Pages : 276

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Author: MIMI. WONG
Publisher:
ISBN: 9781361159026
Category :
Languages : en
Pages :

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Book Description
This dissertation, "An Analysis of the Intervention of Hong Kong Government in the Housing Market" by Mimi, Wong, 黃徾, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. DOI: 10.5353/th_b3125173 Subjects: Residential real estate - Government policy - China - Hong Kong Housing - Prices - China - Hong Kong

Author: Mimi Wong
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 136

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Author: Yim-ling Sung
Publisher:
ISBN:
Category : Home ownership
Languages : en
Pages : 364

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Book Description

Author: Yue Chim Richard Wong
Publisher: Hong Kong University Press
ISBN: 9888208659
Category : Political Science
Languages : en
Pages : 234

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Book Description
Hong Kong is one of the world’s most densely populated cities. Land supply, property values, and housing provision are inextricably linked with the city’s economic growth and questions of economic equality. In Hong Kong Land for Hong Kong People, Yue Chim Richard Wong traces the history of Hong Kong’s postwar housing policy. He then discusses current housing problems and their solutions, drawing on examples from around the world. Wong argues that housing policy in Hong Kong, with its multiple, often incompatible objectives, and its focus on supply over demand, can no longer satisfy the needs of a diverse and dynamic population. He recommends three simple low-cost policies to promote homeownership and social mobility: sell public rental housing units to the sitting tenants; make subsidized homes more affordable; and reform the public housing program along lines adopted in Singapore, where government-built housing may be resold or leased in a free market. This is the second of Richard Wong’s collections of articles on society and economy in Hong Kong. The first, Diversity and Occasional Anarchy, published by Hong Kong University Press in 2013, examines the growing contradictions in Hong Kong’s economy predicament in historical context.