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postgraduate thesis: The stagnation of public rental housing privatization : from the perspective of path dependence
Title | The stagnation of public rental housing privatization : from the perspective of path dependence |
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Authors | |
Issue Date | 2016 |
Publisher | The University of Hong Kong (Pokfulam, Hong Kong) |
Citation | Kwok, W. [郭永鋒]. (2016). The stagnation of public rental housing privatization : from the perspective of path dependence. (Thesis). University of Hong Kong, Pokfulam, Hong Kong SAR. |
Abstract | This research asks a question that why a huge public rental housing system could persist or even expand in a laissez-faire city state like Hong Kong, and it could be rephrase into "why there is stagnation of privatization of public rental housing in
Hong Kong", given the fact that two attempts were made to privatize public rental housing, but both of them failed to provide a preferred result.
This research answers the above question from the perspective of path dependence, by assuming the Ten-Year Housing Plan in 1973 as a start of critical juncture. It then examines its effect towards the two focus points: Sales of Flats to Tenants Scheme (SFSTS) and Tenants Purchase Scheme (TPS). The result of analysis shows that the following characteristics of the housing policies in 1970s were the starting point of path dependence which eventually obstructed the implementation of SFSTS and TPS: I) the expansion of public rental housing; 2) the creation of HOS as a substitute of public rental housing flats for sale; 3) the ideology of laissez-faire which suggested the Government to avoid competition with the private market 4) the homeownership ideology which boosted up the demand for housing. |
Degree | Master of Housing Management |
Subject | Public housing - China - Hong Kong Privatization - China - Hong Kong |
Dept/Program | Housing Management |
Persistent Identifier | http://hdl.handle.net/10722/236288 |
HKU Library Item ID | b5791596 |
DC Field | Value | Language |
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dc.contributor.author | Kwok, Wing-fung | - |
dc.contributor.author | 郭永鋒 | - |
dc.date.accessioned | 2016-11-15T23:26:10Z | - |
dc.date.available | 2016-11-15T23:26:10Z | - |
dc.date.issued | 2016 | - |
dc.identifier.citation | Kwok, W. [郭永鋒]. (2016). The stagnation of public rental housing privatization : from the perspective of path dependence. (Thesis). University of Hong Kong, Pokfulam, Hong Kong SAR. | - |
dc.identifier.uri | http://hdl.handle.net/10722/236288 | - |
dc.description.abstract | This research asks a question that why a huge public rental housing system could persist or even expand in a laissez-faire city state like Hong Kong, and it could be rephrase into "why there is stagnation of privatization of public rental housing in Hong Kong", given the fact that two attempts were made to privatize public rental housing, but both of them failed to provide a preferred result. This research answers the above question from the perspective of path dependence, by assuming the Ten-Year Housing Plan in 1973 as a start of critical juncture. It then examines its effect towards the two focus points: Sales of Flats to Tenants Scheme (SFSTS) and Tenants Purchase Scheme (TPS). The result of analysis shows that the following characteristics of the housing policies in 1970s were the starting point of path dependence which eventually obstructed the implementation of SFSTS and TPS: I) the expansion of public rental housing; 2) the creation of HOS as a substitute of public rental housing flats for sale; 3) the ideology of laissez-faire which suggested the Government to avoid competition with the private market 4) the homeownership ideology which boosted up the demand for housing. | - |
dc.language | eng | - |
dc.publisher | The University of Hong Kong (Pokfulam, Hong Kong) | - |
dc.relation.ispartof | HKU Theses Online (HKUTO) | - |
dc.rights | The author retains all proprietary rights, (such as patent rights) and the right to use in future works. | - |
dc.rights | This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. | - |
dc.subject.lcsh | Public housing - China - Hong Kong | - |
dc.subject.lcsh | Privatization - China - Hong Kong | - |
dc.title | The stagnation of public rental housing privatization : from the perspective of path dependence | - |
dc.type | PG_Thesis | - |
dc.identifier.hkul | b5791596 | - |
dc.description.thesisname | Master of Housing Management | - |
dc.description.thesislevel | Master | - |
dc.description.thesisdiscipline | Housing Management | - |
dc.description.nature | published_or_final_version | - |
dc.identifier.doi | 10.5353/th_b5791596 | - |
dc.identifier.mmsid | 991020670409703414 | - |