Hong Kong Land for Hong Kong People

Fixing the Failures of Our Housing Policy

Yue Chim Richard Wong

Hong Kong Land for Hong Kong People

Yue Chim Richard Wong

Distributed for Hong Kong University Press

232 pages | 14 b&w illus. | 6 x 9
Hardcover $58.00 ISBN: 9789888208654 Published January 2015 AAUKEU - ALL AMERICAS & UNITED KINGDOM & EUROPE
Hong Kong is one of the world’s most densely populated cities. Land supply, property values, and housing provision are inextricably linked with the city’s economic growth and questions of economic equality. In Hong Kong Land for Hong Kong People, Yue Chim Richard Wong traces the history of Hong Kong’s postwar housing policy. He then discusses current housing problems and their solutions, drawing on examples from around the world. Wong argues that housing policy in Hong Kong, with its multiple, often incompatible objectives, and its focus on supply over demand, can no longer satisfy the needs of a diverse and dynamic population. He recommends three simple low-cost policies to promote homeownership and social mobility sell public rental housing units to the sitting tenants; make subsidized homes more affordable; and reform the public housing program along lines adopted in Singapore, where government-built housing may be resold or leased in a free market. This is the second of Richard Wong’s collections of articles on society and economy in Hong Kong. The first, Diversity and Occasional Anarchy, published by Hong Kong University Press in 2013, examines the growing contradictions in Hong Kong’s economy predicament in historical context.
For more information, or to order this book, please visit https://press.uchicago.edu
Google preview here

Chicago Manual of Style

RSS Feed

RSS feed of the latest books from Hong Kong University Press. RSS Feed