Download or read book An Analysis of the Hong Kong Residential Property Market with Reference to the Government s Housing Policy written by How-Man Helen Ng and published by Open Dissertation Press. This book was released on 2017-01-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "An Analysis of the Hong Kong Residential Property Market With Reference to the Government's Housing Policy" by How-man, Helen, Ng, 吳巧文, 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_b3126913 Subjects: Housing policy - China - Hong Kong Residential real estate - China - Hong Kong Real estate business - China - Hong Kong

Download or read book Hong Kong s Housing Policy written by Betty Yung and published by Hong Kong University Press. This book was released on 2008-07-01 with total page 240 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.

Download or read book An Analysis of the Hong Kong Residential Property Market with Reference to the Government s Housing Policy written by How-man Ng (Helen) and published by . This book was released on 1998 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Analysis of the Intervention of Hong Kong Government in the Housing Market written by MIMI. WONG and published by . This book was released on 2017-01-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Determinants of Property Prices in Hong Kong SAR written by Mr.R. Sean Craig and published by International Monetary Fund. This book was released on 2011-11-01 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses an econometric model of residential property prices in Hong Kong SAR to assess the effectiveness of alternative policies in slowing the increase in property prices. The rapid rise in property prices is well explained by macroconomic fundamentals; real GDP per capital, real domestic credit, construction costs, land supply, and the real interest rate. Policy can influence the property market though land supply and prudential and tax policy, with the latter policies taking the form of a stamp duty on property transactions and a tighter loan-to-value ratio (LTV) on lending. Land supply is the most effective policy insturment for restraining property price increases but it operates with a significant lag. The LTV and stamp duty dampen speculative activity that drives up property prices. While these policies can slow the increase in the short run, they should be guided by their long run objectives of financial stability and counteracting speculation.

Download or read book Markets at Work written by Bertrand Renaud and published by Hong Kong University Press. This book was released on 1997-07-28 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The real estate economy of Hong Kong is one of the most dynamic and sophisticated in the world, and has contributed greatly to the spectacular development of this vibrant city. More importantly, at a time of rapid globalization of the world economy, it is possibly the best model of the behaviour of an advanced real estate industry operating in an open economy. Hong Kong is thereforeof interest to analysts and policymakers everywhere, not least because of Hong Kong's political reintegration with China in 1997. With this in mind, the authors have managed to capture the key economic features of the private residential real estate market in Hong Kong in this compact volume. They have identified and highlighted critical institutions that contribute to the success and economic factors which shape the dynamics of all sectors of the real estate industry in Hong Kong. This book is essential reading for market analysts, policymakers, students and international readers with an interest in comparative analysis of real estate markets and institutions.' Professor Anthony Walker, Centre for Real Estate and Urban Economics,The University of Hong Kong.

Download or read book Hong Kong s Long Term Housing Strategy written by Kar-Tung Ronnie Chan and published by . This book was released on 2017-01-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "Hong Kong's Long-term Housing Strategy: an Analysis of the New Rent and Home Ownership Policy" by Kar-tung, Ronnie, Chan, 陳家棟, 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: newspaper clippings, and literature on social science. In order to have first hand information, I have requested the Housing Branch, political parties and the PCPHP, to provide me with relevant information for the study.17 The specific purpose of this research is to explore the relationship between social and housing policy, the development of housing policy in Hong Kong, the influence of the different actors, the true meaning of housing, as well as the characteristics between different forms of tenure and their respective advantages and disadvantages. Attempts will be made to answer the following questions: a) Which is the best form of housing tenure for Hong Kong? b) Should housing policy be market driven? c) Will the measures of LTHSR be effective to achieving the desired goals? d) Will public participation be a better choice in making housing policy in Hong Kong? Plan for the Chapters This chapter has specified the research problem and presented the background, purpose, and significance of the study findings. The following chapter will present a review of the literature and the pertinent theoretical concepts related to the research. Chapter 3 describes the evolution of the housing policy from the then fragmented, ad hoc, centralised to the one of consultative, quasi-centralised and market oriented in nature. Chapter 4 analyses the views of the actors such as pressure groups and political parties and their influences on policy-making. Chapter 5 presents an assessment of the LTHSR in relation to the rationale and ideology of the government and examine the feasibility of the new rent policy. Chapter 6 concludes the findings of the research and presents recommendations for future references. 11 DOI: 10.5353/th_b3025204 Subjects: Public housing - China - Hong Kong - Rent Home ownership - Government policy - China - Hong Kong Housing policy - China - Hong Kong Housing policy Public housing - Rent Home ownership - Government policy

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 349 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 Repositioning the Hong Kong Government written by Stephen Wing Kai Chiu and published by Hong Kong University Press. This book was released on 2012-04-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between government and society in Hong Kong has become an intensely debated topic as the complexities of governance grow and the old strategies of consensus building without genuine public participation fail to satisfy. Increasingly interventionist, yet lacking democratic credentials, the Hong Kong SAR government finds itself more and more limited in its capacity to implement policies and less able to rely on traditional allies. A society dissatisfied with old forms of governance has become ever more ready to mobilize itself outside of the formal political structures. This collection of studies by leading scholars examines the Hong Kong government's efforts to reposition itself in the economy and society under the pressures of globalization, economic and political restructuring and the rise of the civil society. Drawing on changing theoretical conceptions of state, market and citizenship and on comparisons with other Asian economies,Repositioning the Hong Kong Governmentoffers new interpretations of the problems of governance in Hong Kong and puts forward positive suggestions for resolving them.

Download or read book Apply the Experiences in Hong Kong to Study the Effectives of Fiscal Policy and Monetary Policy to Achieve an Adequate Housing Market written by Chi-Kin Chan and published by . This book was released on 2017-01-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "Apply the Experiences in Hong Kong, to Study the Effectives of Fiscal Policy and Monetary Policy to Achieve an Adequate Housing Market" by Chi-kin, Chan, 陳子健, 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: Up to 2014, the housing affordability rating of this island reaches 17 and top in a survey covering 378 regions globally. The rating reveals the private housing market in Hong Kong is problematic and distance from achievement of an adequate housing market. Surprisingly, the local government has been performing a major role in the housing market since mid of 20th century. Given the continuous manipulation to the domestic market by the local government, why is the market still denounced twisted? In the paper, different government policies and measurements are examined for its effectiveness on the price of the private residential market. This research aims to investigate and compare the effectiveness between the fiscal and monetary policy applied by the Hong Kong Government on the housing market. In order to achieve an objective and clear analysis, quantitative approach is adopted in this attempt of research. Multiple regression model is built and macro-economic data is input to the model to examination the correlation. The remaining part of this study tries to analyze and explain the result in the model. Subjects: Housing policy - China - Hong Kong

Download or read book A Critical Review of the Housing Policies on Tackling Under Occupation of Public Rental Housing Flats in Hong Kong written by Man-Yum Wong and published by . This book was released on 2017-01-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "A Critical Review of the Housing Policies on Tackling Under-occupation of Public Rental Housing Flats in Hong Kong" by Man-yum, Wong, 黃文欽, 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: Similar to many other countries, in Hong Kong, housing has long been a very difficult issue to manage. It is also one of the pressing social issues that the government has to face with urgently and tactfully. Given by the exorbitant high property prices and landlords increase their properties rent in recent years, the current problem in Hong Kong is a great deal number of people, especially the young generation, cannot afford to buy home or even rent apartment in private property market. Thinking despairingly that home-owning is an unrealistic dream, most people applied for Public Rental Housing as their last resort to be housed. This sort of thinking is somewhat shown by the growing number of applicants in Waiting List for public rental housing flats. The growing number of applicants, by and large, indicating the demand of subsidized housing has never been subsided and also meant applicants need to wait much longer for allocation. Unfortunately, supply of flats has persistently fallen short of demand. There has been no adequate increase in subsidized flats'' supply in the past few years. The number of completed flats in 2012 is really not comparable with the number of applicants in the queue for public housing. Even, by adding the 15,000 new units each year as committed by the chief executive Mr. CY LEUNG, the public housing stock still cannot effectively satisfy the overwhelming demand of public rental housing. In view of the lack of supply of new flats, there has been demanded that the Government should act creatively to provide more flats to ensure quick allocation. Under this circumstance, the better utilization of existing PRH stock is becoming more essential and important. It is not hard to find from various sources that there are already many studies in evaluating the efficacy of the so called "well-off tenants policies," such as the Housing Subsidy Policy, while little studies touch on the issue of under-occupation situation of public flats -an rather unfair phenomenon that the average living density of a household is more than allowed. Under-occupation policy is the policy implemented by the Housing Authority for maximizing the rational utilization of public housing resources so that larger subsidized flats can be recovered and reallocated to those in genuine needs and reducing unnecessary wastage of precious housing resources. In view of this, the dissertation is going to evaluate the effectiveness of the policy on under-occupation implemented by Housing Authority. In order to response the criticism on the equity and fairness towards the under-occupation issue, the dissertation is also written with an aim to evaluate these aspects and explores with objective assessment by adopting qualitative research methods, such as surveys and questionnaires. Questionnaires will be dispatched to residents in various housing estates to collect necessary information and opinions for analysis the equity and effectiveness of the policy. Hypothetical analysis and literature reviews will also be conducted through comparing different related official publications and journals. This dissertation is going to evaluate, based on empirical study and literature review, the implication and effectiveness of the policy adopted by Housing Authority to tackle on the problem of under-occupation of public rental housing flats and, with great ambiti

Download or read book Effects of Land Policies and Development Strategies on Housing written by Shu Wang and published by . This book was released on 2015 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this thesis is to investigate the effects of land supply on housing prices in Hong Kong. Studies will be carried out to define whether there are any correlation between land supply, housing supply and residential property prices. In order to better understand Hong Kong's housing market, this study will first present a background of establishment of Hong Kong's land tenure system, land administration system and the government's land sale process, while trying to answer the question of whether the perceived shortage in housing supply is a direct consequence of the shortage in government's land supply. The study then examines the concentration of market shares among a handful of developers and the high barrier to entry that have resulted in such anti-competitive environment. The study analyzes the leading developers' competitive advantages in terms of land bank and financial strength, and their housing supply strategies in relation to the government's land supply decisions. This paper will then insert the theoretical findings into realistic settings of Hong Kong's housing development industry, and apply the methodology of event study to detect the impact of real estate companies' development strategies and how it alters the perceived relationship between the supply of land and the supply of housing. By simultaneously considering the effects of development strategies with government land policies, the paper aims to better evaluate governments measure to regulate housing market and hope to recommend more effective policies on residential land supply in Hong Kong.

Download or read book Journal of Housing Research written by and published by . This book was released on 2006 with total page 1430 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Competition Policy and Law in China Hong Kong and Taiwan written by Mark Williams and published by Cambridge University Press. This book was released on 2005-09-08 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide to the competition regimes of China, Hong Kong and Taiwan.

Download or read book Asian Economic and Political Issues written by Frank H. Columbus and published by Nova Publishers. This book was released on 1998 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is predicted by some observers that the 21st century will be remembered as the 'Asian Century'. Many of the countries in the region seem to be able to take the economic and trade baton when one of the others experience problems. The region, in general, continues to grow economically, politically and militarily. The articles presented in this book examine the current political and economic situations in nations across Asia, particularly focusing on economic developments. Contents: Preface; The Challenge of Removing Administrative Barriers to FDI in China; Negative Externality, Tacit Bargaining and Cigarette Demand: The Case of Environmental Tobacco Smoke in Japan; Modelling Development Control of Residential Development: A Probit Analysis of Rent Seeking and Policy Autonomy in Town Planning in Hong Kong; Social(ist) Capital: Does it Pay? The Institutional Impact on Conditions and Consequences of Access to Social Capital: the Case of the Former GDR; The Role of Foreign Investment in Guangdong's Economic Development; Natural Disasters and Long-run Economic Growth in Asia and Around the World; The Role of Urban Policy in the Battle against Poverty: The Experience of the Philippines;

Download or read book Real Estate written by Jan Wilcox and published by Routledge. This book was released on 2022-02-23 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real Estate: The Basics provides an easy-to-read introduction to the core concepts of the industry to students new to the subject or professionals changing direction within the sector. The book encapsulates the key ‘need to know’ aspects of Real Estate including the ‘language’ of real estate; its value and contribution to countries’ GDP; its primary purpose, whether as an asset or as a resource; valuation concepts; asset classes; basic concepts of land law, and of landlord and tenant law; the increased role and importance of sustainability and technology; and an overview of the wide range of professionals involved in the industry. Readers will come to appreciate how the different elements of the profession fit together, and the professional standards and practices that may apply. Real Estate: The Basics will be helpful reading for anyone thinking about studying Real Estate, Property, or other Built Environment topics. It could be used to teach across a wide variety of courses, to provide an aide memoire to those who are already working in the industry, and to give those who are responsible for appointing and monitoring real estate advisers a greater understanding of the workings of the real estate sector.

Download or read book Urban Land Rent written by Anne Haila and published by John Wiley & Sons. This book was released on 2015-12-14 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Urban Land Rent, Anne Haila uses Singapore as a case study to develop an original theory of urban land rent with important implications for urban studies and urban theory. Provides a comprehensive analysis of land, rent theory, and the modern city Examines the question of land from a variety of perspectives: as a resource, ideologies, interventions in the land market, actors in the land market, the global scope of land markets, and investments in land Details the Asian development state model, historical and contemporary land regimes, public housing models, and the development industry for Singapore and several other cities Incorporates discussion of the modern real estate market, with reference to real estate investment trusts, sovereign wealth funds investing in real estate, and the fusion between sophisticated financial instruments and real estate