Homeownership in Hong Kong

Homeownership in Hong Kong PDF Author: Chung-kin Tsang
Publisher: Routledge
ISBN: 1000395383
Category : Political Science
Languages : en
Pages : 108

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Book Description
This book studies the cultural framework of the connections between homeownership and social stability in Hong Kong. In the post-war period, homeownership became the most preferable housing choice in developed societies, such as Australia, Britain, Japan, Spain, and the United States. In the financialization era, its proliferation aggregated enormous wealth and debt in the housing and mortgage markets, affecting social stability by creating inequality and housing unaffordability. Hong Kong is the most extreme example of this among developed societies – in recent years, the city has made international headlines both for its housing problem and its social instability. By studying the history of homeownership in Hong Kong over a period of four decades, Chung-kin Tsang proposes that homeownership is inseparable from the social imagination of the future, conceptualizing this framework as "hope mechanism". This perspective helps trace the connections between ‘House Buying’ as a hope mechanism – one which is central to subject formation, life goals, and temporal mapping for socially shared life planning – and social stability. Given its unique approach, specifically its use of "hope" as an analytical category, this book will prove to be a useful resource for scholars in economic culture and financialization, and Asian Studies, especially those working on the cultural, sociopolitical, and economic history of Hong Kong.

Homeownership in Hong Kong

Homeownership in Hong Kong PDF Author: Chung-kin Tsang
Publisher: Routledge
ISBN: 1000395383
Category : Political Science
Languages : en
Pages : 108

Get Book Here

Book Description
This book studies the cultural framework of the connections between homeownership and social stability in Hong Kong. In the post-war period, homeownership became the most preferable housing choice in developed societies, such as Australia, Britain, Japan, Spain, and the United States. In the financialization era, its proliferation aggregated enormous wealth and debt in the housing and mortgage markets, affecting social stability by creating inequality and housing unaffordability. Hong Kong is the most extreme example of this among developed societies – in recent years, the city has made international headlines both for its housing problem and its social instability. By studying the history of homeownership in Hong Kong over a period of four decades, Chung-kin Tsang proposes that homeownership is inseparable from the social imagination of the future, conceptualizing this framework as "hope mechanism". This perspective helps trace the connections between ‘House Buying’ as a hope mechanism – one which is central to subject formation, life goals, and temporal mapping for socially shared life planning – and social stability. Given its unique approach, specifically its use of "hope" as an analytical category, this book will prove to be a useful resource for scholars in economic culture and financialization, and Asian Studies, especially those working on the cultural, sociopolitical, and economic history of Hong Kong.

Housing, Home Ownership and Social Change in Hong Kong

Housing, Home Ownership and Social Change in Hong Kong PDF Author: James Lee
Publisher: Routledge
ISBN: 0429803427
Category : Political Science
Languages : en
Pages : 350

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Book Description
First published in 1999, this volume examines the issue that, in the last two decades, the housing system in Hong Kong has witnessed a slow but consistent transition from a tenure dominated by public rental housing to one dominated by private home ownership. This book seeks to explain the unique social organization of home ownership in contemporary Hong Kong. Specifically, the book deals with the genesis of home ownership from three areas: housing histories, family culture and capital gains from home transactions. It is agreed that extreme deprivations in housing conditions in early lives, a strong family culture of mutual help as well as unprecedented capital gains, all contribute towards explaining the complex nature of home ownership growth. In conclusion the book suggests that with China regaining sovereignty after July 1997, the social organization of home ownership will be further complicated by more internal migrations from other parts of China, making housing problems even more acute.

Housing in Hong Kong

Housing in Hong Kong PDF Author: E. G. Pryor
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 150

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Book Description


Housing, Home Ownership and Social Change in Hong Kong

Housing, Home Ownership and Social Change in Hong Kong PDF Author: James Lee
Publisher: Routledge
ISBN: 9781138340626
Category :
Languages : en
Pages : 252

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Book Description
First published in 1999, this volume examines the issue that, in the last two decades, the housing system in Hong Kong has witnessed a slow but consistent transition from a tenure dominated by public rental housing to one dominated by private home ownership. This book seeks to explain the unique social organization of home ownership in contemporary Hong Kong. Specifically, the book deals with the genesis of home ownership from three areas: housing histories, family culture and capital gains from home transactions. It is agreed that extreme deprivations in housing conditions in early lives, a strong family culture of mutual help as well as unprecedented capital gains, all contribute towards explaining the complex nature of home ownership growth. In conclusion the book suggests that with China regaining sovereignty after July 1997, the social organization of home ownership will be further complicated by more internal migrations from other parts of China, making housing problems even more acute.

Hong Kong's Housing Policy

Hong Kong's Housing Policy PDF Author: Betty Yung
Publisher:
ISBN:
Category : Social Science
Languages : en
Pages : 258

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Book Description
This book examines housing policy in Hong Kong using a new and unique interdisciplinary approach - combining the philosophical discussion on social justice with policy and housing studies. It considers both Western and Chinese concepts of social justice, and investigates the role of social justice in a public policy such as housing. As a philosophical treatise on social administration, the book will be of interest to philosophy, public administration, and housing studies academics and students of all countries. Since Hong Kong represents a very special case with massive governmental intervention into the housing market, housing professionals and policy makers will find the analysis of Hong Kong's housing policy useful. The author completed her PhD at the School for Policy Studies of the University of Bristol, specializing in housing policy. Previously she taught and conducted research in the University of Hong Kong, the Chinese University of Hong Kong, and the City University of Hong Kong. She is now working for the Hong Kong government.

Evolution of Hong Kong's Public Housing

Evolution of Hong Kong's Public Housing PDF Author: Hong Kong. Hong Kong Housing Authority
Publisher:
ISBN:
Category : Public housing
Languages : en
Pages : 40

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Book Description


A Study of Micro Units and Homeownership in Hong Kong Private Housing Market

A Study of Micro Units and Homeownership in Hong Kong Private Housing Market PDF Author: 馮源愛
Publisher:
ISBN:
Category : Home ownership
Languages : en
Pages :

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Book Description


High-rise Society

High-rise Society PDF Author: Robin Hutcheon
Publisher: Chinese University Press
ISBN: 9789622018419
Category : History
Languages : en
Pages : 136

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Book Description
Easily accessible to undergraduates, Significant Cases in Criminal Procedure, Second Edition, offers a clear, comprehensive introduction to criminal procedure. Rather than providing complete opinions, which may overwhelm students, the authors present case briefs, along with analyses, explanations, and short excerpts. In addition to the case summaries, the book includes lists of all of the cases it covers, both in alphabetical order and grouped by topic; a short introduction to each topic; and an index. CRIMINAL JUSTICE CASE BRIEFS SERIES Significant Cases in Criminal Procedure, Second Edition Craig Hemmens, Alan Thompson, and Lisa S. Nored (978-0-19-995791-0) Significant Cases in Corrections, Second Edition Craig Hemmens, Barbara Belbot, and Katherine Bennett (978-0-19-994858-1) Significant Cases in Juvenile Justice, Second Edition Craig Hemmens, Benjamin Steiner, and David Mueller (978-0-19-995841-2)

Home Ownership Aspiration in Hong Kong

Home Ownership Aspiration in Hong Kong PDF Author: Ming-Kin Kam
Publisher: Open Dissertation Press
ISBN: 9781361362976
Category :
Languages : en
Pages :

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Book Description
This dissertation, "Home Ownership Aspiration in Hong Kong: a Case Study of Family Financing in Home Owning" by Ming-kin, Kam, 甘銘堅, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Many studies focus on the housing decisions of younger generation mainly on the households' individual level such as affordability, house prices, income, interest rate and the relative costs of owning. However, the family financing is also another indispensable factor to affect the decision of home-owning. The home buyers save for several years to accumulate the down payment, but it will be nibbled up by the rising of home prices. Such rapid increases in house prices will make home-owning more difficult for home buyers, especially for first-time buyers. They may seek a loan from a family member to use as part of the down payment in order to achieve homeownership. Forrest and Murie (1995) noted that family support in home owning may take an important contribution in home-ownership sphere. Moreover, many scholars pointed out that family financing is particularly important where housing prices are high, financial institutions are unwilling to provide mortgage loans or requiring high-ratio of down payment and government subsidies are not available. (Barrios, Colom and Moles, 2013; Engelhardt, 1996; Engelhardt and Mayer, 1994; Forrest and Murie, 1995; Meen, 2013; Mulder and Wanger, 1998; Ost, 2012). In Hong Kong case, parents give a finance support to their children for paying the down payment can be easily found in mass media. More significantly, the number of cases for parents getting direct involvement in helping children for home owning are largely increasing. Looking at the house price was increased 15% in average annually during the period of 2010-2012. Many parents have expectations that the house price will keep rising. If you do not buy it now, then you may not possible to afford this very soon. In this paper, we will explore how importance the family support for home-owning, the kind of financing modes are adopted for the parent and the reasons for the parent to provide financing support in helping their children's homeownership. DOI: 10.5353/th_b5334623 Subjects: Home ownership - China - Hong Kong - Finance

ROLE OF THE HONG KONG HOUSING

ROLE OF THE HONG KONG HOUSING PDF Author: Ka-Lai Wong
Publisher: Open Dissertation Press
ISBN: 9781361053157
Category : Business & Economics
Languages : en
Pages : 90

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Book Description
This dissertation, "The Role of the Hong Kong Housing Authority in Promoting Home Ownership in Hong Kong" by Ka-lai, Wong, 黃家麗, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. DOI: 10.5353/th_b3196872 Subjects: Home ownership - Government policy - China - Hong Kong Public housing - China - Hong Kong Privatization - China - Hong Kong