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Conference Paper: Housing Price Gradient Between Macau and Hong Kong
| Title | Housing Price Gradient Between Macau and Hong Kong |
|---|---|
| Authors | |
| Issue Date | 2007 |
| Citation | The 12th Asian Real Estate Society (AsRES) Annual Conference and The 2007 AREUEA International Conference, Macau, China, 10-12 July 2007 How to Cite? |
| Abstract | This paper applies a two-workplace residential location choice model to study the
housing price gradient changes between Macau and Hong Kong. The classical land market
model assumes a one-workplace scenario. However, with the globalization trend, travel
between two workplaces is becoming more and more common. This paper found that housing
price gradient from Macau to Hong Kong is flattened when more non-resident workers traveled
from Hong Kong to Macau, ceteris paribus. The results have important implications on
polycentric city models, and provide a novel method to study neighboring city effects on
housing price. |
| Persistent Identifier | http://hdl.handle.net/10722/115989 |
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Yiu, CY | en_HK |
| dc.date.accessioned | 2010-09-26T06:10:34Z | - |
| dc.date.available | 2010-09-26T06:10:34Z | - |
| dc.date.issued | 2007 | en_HK |
| dc.identifier.citation | The 12th Asian Real Estate Society (AsRES) Annual Conference and The 2007 AREUEA International Conference, Macau, China, 10-12 July 2007 | - |
| dc.identifier.uri | http://hdl.handle.net/10722/115989 | - |
| dc.description.abstract | This paper applies a two-workplace residential location choice model to study the housing price gradient changes between Macau and Hong Kong. The classical land market model assumes a one-workplace scenario. However, with the globalization trend, travel between two workplaces is becoming more and more common. This paper found that housing price gradient from Macau to Hong Kong is flattened when more non-resident workers traveled from Hong Kong to Macau, ceteris paribus. The results have important implications on polycentric city models, and provide a novel method to study neighboring city effects on housing price. | - |
| dc.language | eng | en_HK |
| dc.relation.ispartof | The 12th Asian Real Estate Society (AsRES) Annual Conference and The 2007 AREUEA International Conference | en_HK |
| dc.title | Housing Price Gradient Between Macau and Hong Kong | en_HK |
| dc.type | Conference_Paper | en_HK |
| dc.identifier.email | Yiu, CY: ecyyiu@hkucc.hku.hk | en_HK |
| dc.identifier.authority | Yiu, CY=rp01035 | en_HK |
| dc.description.nature | published_or_final_version | - |
| dc.identifier.hkuros | 127474 | en_HK |