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Conference Paper: Government land ownership and public housing: the experiences of Hong Kong and China

TitleGovernment land ownership and public housing: the experiences of Hong Kong and China
Authors
KeywordsGovernment land ownership
Public housing
Housing prices
Hong Kong
China
Issue Date2011
Citation
The 21st CEA (UK) and 2nd CEA (Europe) Annual Conference, Oxford, UK., 12-13 July 2010. How to Cite?
AbstractShould the majority of the land stock be owned by the government, what would happen if there is a soaring demand on housing? Experience in Hong Kong shows that (a) high land and housing prices would be resulted; and (b) public rental housing were forced to be built to meet the political demands from the poor. This paper compares the striking similarities between the experience of Colonial Hong Kong and recent trends in mainland China. Despite contrasting political systems, and this paper tries to (a) explain the emergence of public housing by means of government ownership of land, rapid urbanization, and soaring house prices; and (b) investigate if the public housing sector in China will grow into an enormous proportion like that of Hong Kong.
DescriptionConference Theme: Global Economic Recovery: The Role of China and Other Emerging Economies
Session C7: Markets, Housing and Macro Economy
Persistent Identifierhttp://hdl.handle.net/10722/138337

 

DC FieldValueLanguage
dc.contributor.authorWong, KCen_US
dc.date.accessioned2011-08-26T14:45:34Z-
dc.date.available2011-08-26T14:45:34Z-
dc.date.issued2011en_US
dc.identifier.citationThe 21st CEA (UK) and 2nd CEA (Europe) Annual Conference, Oxford, UK., 12-13 July 2010.en_US
dc.identifier.urihttp://hdl.handle.net/10722/138337-
dc.descriptionConference Theme: Global Economic Recovery: The Role of China and Other Emerging Economies-
dc.descriptionSession C7: Markets, Housing and Macro Economy-
dc.description.abstractShould the majority of the land stock be owned by the government, what would happen if there is a soaring demand on housing? Experience in Hong Kong shows that (a) high land and housing prices would be resulted; and (b) public rental housing were forced to be built to meet the political demands from the poor. This paper compares the striking similarities between the experience of Colonial Hong Kong and recent trends in mainland China. Despite contrasting political systems, and this paper tries to (a) explain the emergence of public housing by means of government ownership of land, rapid urbanization, and soaring house prices; and (b) investigate if the public housing sector in China will grow into an enormous proportion like that of Hong Kong.-
dc.languageengen_US
dc.relation.ispartofChinese Economic Association (UK/Europe) Conference, CEA 2010en_US
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectGovernment land ownership-
dc.subjectPublic housing-
dc.subjectHousing prices-
dc.subjectHong Kong-
dc.subjectChina-
dc.titleGovernment land ownership and public housing: the experiences of Hong Kong and Chinaen_US
dc.typeConference_Paperen_US
dc.identifier.emailWong, KC: wongkc@hku.hken_US
dc.identifier.authorityWong, KC=rp01027en_US
dc.description.naturepostprint-
dc.identifier.hkuros189380en_US

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