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Conference Paper: Housing Price Gradient Between Macau and Hong Kong

TitleHousing Price Gradient Between Macau and Hong Kong
Authors
Issue Date2007
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?
AbstractThis 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 Identifierhttp://hdl.handle.net/10722/115989

 

DC FieldValueLanguage
dc.contributor.authorYiu, CYen_HK
dc.date.accessioned2010-09-26T06:10:34Z-
dc.date.available2010-09-26T06:10:34Z-
dc.date.issued2007en_HK
dc.identifier.citationThe 12th Asian Real Estate Society (AsRES) Annual Conference and The 2007 AREUEA International Conference, Macau, China, 10-12 July 2007-
dc.identifier.urihttp://hdl.handle.net/10722/115989-
dc.description.abstractThis 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.languageengen_HK
dc.relation.ispartofThe 12th Asian Real Estate Society (AsRES) Annual Conference and The 2007 AREUEA International Conferenceen_HK
dc.rightsThis work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.-
dc.titleHousing Price Gradient Between Macau and Hong Kongen_HK
dc.typeConference_Paperen_HK
dc.identifier.emailYiu, CY: ecyyiu@hkucc.hku.hken_HK
dc.identifier.authorityYiu, CY=rp01035en_HK
dc.description.naturepublished_or_final_version-
dc.identifier.hkuros127474en_HK

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