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Article: Planning, land and affordable housing in Hong Kong

TitlePlanning, land and affordable housing in Hong Kong
Authors
KeywordsHousing affordability
Land policy
Planning policy
Regulatory intervention
Issue Date2007
PublisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/02673037.asp
Citation
Housing Studies, 2007, v. 22 n. 1, p. 63-81 How to Cite?
AbstractThis paper investigates the approaches and the effectiveness of the government of Hong Kong in using the planning system and land policies to help provide affordable homes, widening the planning and affordable housing debate to urban systems in which governments possess both landownership and development rights. This paper argues that land and development right ownerships enable the Hong Kong Government to operate a massive public housing program to meet the housing needs of half the population at affordable rent and price levels, without having to resort to planning tools. However, the availability of subsidized housing still depends on other factors, notably government commitment and priority in solving housing problems. Landownership is less useful in regulating private housing prices as political and economic factors often override the situation. The empirical findings of this study suggest that land supply was often adjusted in response to the economic environment rather than shaping market outcomes. Hence, government ownership of land and development rights is found to be more effective in providing affordable subsidized housing to low-income families through the producer-subsidy approach rather than in regulating housing prices to enhance the affordability for private housing consumers.
Persistent Identifierhttp://hdl.handle.net/10722/89883
ISSN
2015 Impact Factor: 1.309
2015 SCImago Journal Rankings: 1.101
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorChiu, RLHen_HK
dc.date.accessioned2010-09-06T10:02:58Z-
dc.date.available2010-09-06T10:02:58Z-
dc.date.issued2007en_HK
dc.identifier.citationHousing Studies, 2007, v. 22 n. 1, p. 63-81en_HK
dc.identifier.issn0267-3037en_HK
dc.identifier.urihttp://hdl.handle.net/10722/89883-
dc.description.abstractThis paper investigates the approaches and the effectiveness of the government of Hong Kong in using the planning system and land policies to help provide affordable homes, widening the planning and affordable housing debate to urban systems in which governments possess both landownership and development rights. This paper argues that land and development right ownerships enable the Hong Kong Government to operate a massive public housing program to meet the housing needs of half the population at affordable rent and price levels, without having to resort to planning tools. However, the availability of subsidized housing still depends on other factors, notably government commitment and priority in solving housing problems. Landownership is less useful in regulating private housing prices as political and economic factors often override the situation. The empirical findings of this study suggest that land supply was often adjusted in response to the economic environment rather than shaping market outcomes. Hence, government ownership of land and development rights is found to be more effective in providing affordable subsidized housing to low-income families through the producer-subsidy approach rather than in regulating housing prices to enhance the affordability for private housing consumers.en_HK
dc.languageengen_HK
dc.publisherRoutledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/02673037.aspen_HK
dc.relation.ispartofHousing Studiesen_HK
dc.subjectHousing affordabilityen_HK
dc.subjectLand policyen_HK
dc.subjectPlanning policyen_HK
dc.subjectRegulatory interventionen_HK
dc.titlePlanning, land and affordable housing in Hong Kongen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0267-3037&volume=22&spage=63&epage=81&date=2007&atitle=Planning,+land+and+affordable+housing+in+Hong+Kongen_HK
dc.identifier.emailChiu, RLH: rlhchiu@hku.hken_HK
dc.identifier.authorityChiu, RLH=rp00997en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1080/02673030601024614en_HK
dc.identifier.scopuseid_2-s2.0-33845918952en_HK
dc.identifier.hkuros127829en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-33845918952&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume22en_HK
dc.identifier.issue1en_HK
dc.identifier.spage63en_HK
dc.identifier.epage81en_HK
dc.identifier.eissn1466-1810-
dc.identifier.isiWOS:000244717600005-
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridChiu, RLH=7103037995en_HK
dc.identifier.citeulike1019183-

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