Download or read book Homeownership in Hong Kong written by Chung-kin Tsang and published by Routledge. This book was released on 2021-05-24 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the cultural framework of the connections between homeownership and social stability in Hong Kong. In the post-war period, homeownership became the most preferable housing choice in developed societies, such as Australia, Britain, Japan, Spain, and the United States. In the financialization era, its proliferation aggregated enormous wealth and debt in the housing and mortgage markets, affecting social stability by creating inequality and housing unaffordability. Hong Kong is the most extreme example of this among developed societies – in recent years, the city has made international headlines both for its housing problem and its social instability. By studying the history of homeownership in Hong Kong over a period of four decades, Chung-kin Tsang proposes that homeownership is inseparable from the social imagination of the future, conceptualizing this framework as "hope mechanism". This perspective helps trace the connections between ‘House Buying’ as a hope mechanism – one which is central to subject formation, life goals, and temporal mapping for socially shared life planning – and social stability. Given its unique approach, specifically its use of "hope" as an analytical category, this book will prove to be a useful resource for scholars in economic culture and financialization, and Asian Studies, especially those working on the cultural, sociopolitical, and economic history of Hong Kong.

Download or read book Housing Home Ownership and Social Change in Hong Kong written by James Lee and published by Routledge. This book was released on 2019-07-23 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this volume examines the issue that, in the last two decades, the housing system in Hong Kong has witnessed a slow but consistent transition from a tenure dominated by public rental housing to one dominated by private home ownership. This book seeks to explain the unique social organization of home ownership in contemporary Hong Kong. Specifically, the book deals with the genesis of home ownership from three areas: housing histories, family culture and capital gains from home transactions. It is agreed that extreme deprivations in housing conditions in early lives, a strong family culture of mutual help as well as unprecedented capital gains, all contribute towards explaining the complex nature of home ownership growth. In conclusion the book suggests that with China regaining sovereignty after July 1997, the social organization of home ownership will be further complicated by more internal migrations from other parts of China, making housing problems even more acute.

Download or read book Housing in Hong Kong written by E. G. Pryor and published by . This book was released on 1983 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing Home Ownership and Social Change in Hong Kong written by James Lee and published by Routledge. This book was released on 2020-04-02 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this volume examines the issue that, in the last two decades, the housing system in Hong Kong has witnessed a slow but consistent transition from a tenure dominated by public rental housing to one dominated by private home ownership. This book seeks to explain the unique social organization of home ownership in contemporary Hong Kong. Specifically, the book deals with the genesis of home ownership from three areas: housing histories, family culture and capital gains from home transactions. It is agreed that extreme deprivations in housing conditions in early lives, a strong family culture of mutual help as well as unprecedented capital gains, all contribute towards explaining the complex nature of home ownership growth. In conclusion the book suggests that with China regaining sovereignty after July 1997, the social organization of home ownership will be further complicated by more internal migrations from other parts of China, making housing problems even more acute.

Download or read book Hong Kong s Housing Policy written by Betty Yung and published by . This book was released on 2008 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. The author completed her PhD at the School for Policy Studies of the University of Bristol, specializing in housing policy. Previously she taught and conducted research in the University of Hong Kong, the Chinese University of Hong Kong, and the City University of Hong Kong. She is now working for the Hong Kong government.

Download or read book A Study of Micro Units and Homeownership in Hong Kong Private Housing Market written by 馮源愛 and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Evolution of Hong Kong s Public Housing written by Hong Kong. Hong Kong Housing Authority and published by . This book was released on 1989 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Home Ownership Aspiration in Hong Kong written by Ming-Kin Kam and published by Open Dissertation Press. This book was released on 2017-01-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "Home Ownership Aspiration in Hong Kong: a Case Study of Family Financing in Home Owning" by Ming-kin, Kam, 甘銘堅, 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: Many studies focus on the housing decisions of younger generation mainly on the households' individual level such as affordability, house prices, income, interest rate and the relative costs of owning. However, the family financing is also another indispensable factor to affect the decision of home-owning. The home buyers save for several years to accumulate the down payment, but it will be nibbled up by the rising of home prices. Such rapid increases in house prices will make home-owning more difficult for home buyers, especially for first-time buyers. They may seek a loan from a family member to use as part of the down payment in order to achieve homeownership. Forrest and Murie (1995) noted that family support in home owning may take an important contribution in home-ownership sphere. Moreover, many scholars pointed out that family financing is particularly important where housing prices are high, financial institutions are unwilling to provide mortgage loans or requiring high-ratio of down payment and government subsidies are not available. (Barrios, Colom and Moles, 2013; Engelhardt, 1996; Engelhardt and Mayer, 1994; Forrest and Murie, 1995; Meen, 2013; Mulder and Wanger, 1998; Ost, 2012). In Hong Kong case, parents give a finance support to their children for paying the down payment can be easily found in mass media. More significantly, the number of cases for parents getting direct involvement in helping children for home owning are largely increasing. Looking at the house price was increased 15% in average annually during the period of 2010-2012. Many parents have expectations that the house price will keep rising. If you do not buy it now, then you may not possible to afford this very soon. In this paper, we will explore how importance the family support for home-owning, the kind of financing modes are adopted for the parent and the reasons for the parent to provide financing support in helping their children's homeownership. DOI: 10.5353/th_b5334623 Subjects: Home ownership - China - Hong Kong - Finance

Download or read book ROLE OF THE HONG KONG HOUSING written by Ka-Lai Wong and published by Open Dissertation Press. This book was released on 2017-01-26 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "The Role of the Hong Kong Housing Authority in Promoting Home Ownership in Hong Kong" by Ka-lai, Wong, 黃家麗, 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_b3196872 Subjects: Home ownership - Government policy - China - Hong Kong Public housing - China - Hong Kong Privatization - China - Hong Kong

Download or read book Hong Kong Land for Hong Kong People written by Yue Chim Richard Wong and published by Hong Kong University Press. This book was released on 2015-01-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book To Study the Social Implications of Home Ownership in Hong Kong written by Siu-Wai Chan and published by Open Dissertation Press. This book was released on 2017-01-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "To Study the Social Implications of Home Ownership in Hong Kong" by Siu-wai, Chan, 陳小惠, 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: Home ownership has been recognized by many academic researchers as the preferable tenure compared with renting. As extolled by many policy decision makers, the benefits of home owning against renting received substantial benefits which has tangible constructive profitable impacts such as capital appreciation and intangible benefits such as life contentment, social stability, security of tenure, raised self-esteem, sense of belongings, civic participation, improved physical health and better child outcomes. In fact, few studies havebeen conducted in a Chinese society whether these perceived benefits are also confessed by home owners or potential buyers. Given the strong empirical studies in Western countries, it gives particular interest to explore further and undertake research pertaining to social benefits of home ownership in Hong Kong to ascertain the benefits derived. In Hong Kong, home ownership was promoted by the government since the Long Term Housing Strategy in 1987. However, government had re-positioned its home ownership policy after the Asian Financial Crisisin 1997.Government clarified that the housing objectives would focus on provision of public rental housing to low income group and at the same time minimize its intervention in the private property market by maintaining adequate land supply to sustain an unprejudiced and steady operating atmosphere in the private property market. In fact, the housing policy was shifted from public-led to market-led approach. The Secretary for Housing, Planning and Lands released a Statement on Housing Policy with nine measures were introduced to stablilize the housing market including suspension of production and sale of HOS flats indefinitely and sale of government land can only be applied through the application list. As such, people's aspiration for home ownership was destructed due to shortage of housing supply and the aggregate demand for home ownership had pushed up the housing price which falls outside most people's affordability. This paper attempts to explore if social implications of home ownership would have impact on one's willingness to become home owner by comparison between two target groups of respondents including home owner and renter. The result of the survey and individual interview indicate that home ownership not only brings individual benefits to home owners or potential buyers such as personal fulfillment, wealth accumulation and life satisfaction but also generates societal benefits of maintaining stability, supportive to government and strengthening sense of belonging to the society. It is worthwhile and justified for the Hong Kong Government to accord top priority to materialize people's desire for home ownership of its spillover individual and social benefits. DOI: 10.5353/th_b5334540 Subjects: Home ownership - Social aspects - China - Hong Kong

Download or read book Public Housing in Hong Kong written by Tony Fu-Lai Yu and published by . This book was released on 1982 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing in Hong Kong written by Luke S. K. Wong and published by . This book was released on 1975 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Role of the Hong Kong Housing Authority in Promoting Home Ownership in Hong Kong written by Ka-lai Wong and published by . This book was released on 1999 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Hong Kong Housing Authority written by and published by . This book was released on 1963* with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Housing in Hong Kong written by Yue-man Yeung and published by . This book was released on 2003 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Shek Kip Mei Syndrome written by Manuel Castells and published by . This book was released on 1990 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: