File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
Supplementary

Article: Impact of accessibility on housing expenditure and affordability in Hong Kong's private rental sector

TitleImpact of accessibility on housing expenditure and affordability in Hong Kong's private rental sector
Authors
KeywordsAccessibility
Affordability
Rent-to-income ratio
Residual income approach
Issue Date2002
PublisherSpringer Verlag Dordrecht. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=1566-4910
Citation
Journal Of Housing And The Built Environment, 2002, v. 17 n. 4, p. 363-383 How to Cite?
AbstractThe expenditure on rental housing as a proportion of income is usually measured by the rent-to-income ratio, which is the most commonly used affordability indicator, while the residual income approach is often taken as an alternative. This paper attempts to identify the determinants of the rent-to-income ratio, and to examine the impact of accessibility on affordability in the private rental sector. Empirical results indicate not only determinants of the rent-to-income ratio would vary, but even the same variable would have different impacts on the rent-to-income ratio and hence on affordability for locations with different accessibility. Although the rent-to-income ratio in Hong Kong is considerably higher than in most other cities, results from the residual income approach indicate that the affordability problem is not significant, and that it has a strong link with accessibility.
Persistent Identifierhttp://hdl.handle.net/10722/89916
ISSN
2015 Impact Factor: 0.81
2015 SCImago Journal Rankings: 0.648
References

 

DC FieldValueLanguage
dc.contributor.authorHo, MHCen_HK
dc.contributor.authorChiu, RLHen_HK
dc.date.accessioned2010-09-06T10:03:22Z-
dc.date.available2010-09-06T10:03:22Z-
dc.date.issued2002en_HK
dc.identifier.citationJournal Of Housing And The Built Environment, 2002, v. 17 n. 4, p. 363-383en_HK
dc.identifier.issn1566-4910en_HK
dc.identifier.urihttp://hdl.handle.net/10722/89916-
dc.description.abstractThe expenditure on rental housing as a proportion of income is usually measured by the rent-to-income ratio, which is the most commonly used affordability indicator, while the residual income approach is often taken as an alternative. This paper attempts to identify the determinants of the rent-to-income ratio, and to examine the impact of accessibility on affordability in the private rental sector. Empirical results indicate not only determinants of the rent-to-income ratio would vary, but even the same variable would have different impacts on the rent-to-income ratio and hence on affordability for locations with different accessibility. Although the rent-to-income ratio in Hong Kong is considerably higher than in most other cities, results from the residual income approach indicate that the affordability problem is not significant, and that it has a strong link with accessibility.en_HK
dc.languageengen_HK
dc.publisherSpringer Verlag Dordrecht. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=1566-4910en_HK
dc.relation.ispartofJournal of Housing and the Built Environmenten_HK
dc.subjectAccessibilityen_HK
dc.subjectAffordabilityen_HK
dc.subjectRent-to-income ratioen_HK
dc.subjectResidual income approachen_HK
dc.titleImpact of accessibility on housing expenditure and affordability in Hong Kong's private rental sectoren_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=1566-4910&volume=17&issue=4&spage=363&epage=383&date=2002&atitle=Impact+of+accessibility+on+housing+expenditure+and+affordability+in+Hong+Kong%27s+private+rental+sectoren_HK
dc.identifier.emailChiu, RLH: rlhchiu@hku.hken_HK
dc.identifier.authorityChiu, RLH=rp00997en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1023/A:1021153911692en_HK
dc.identifier.scopuseid_2-s2.0-0036906136en_HK
dc.identifier.hkuros77929en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0036906136&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume17en_HK
dc.identifier.issue4en_HK
dc.identifier.spage363en_HK
dc.identifier.epage383en_HK
dc.publisher.placeNetherlandsen_HK
dc.identifier.scopusauthoridHo, MHC=7403080963en_HK
dc.identifier.scopusauthoridChiu, RLH=7103037995en_HK

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats