Relationship Between the Land Use Planning, Land Supply and Housing Prices in Hong Kong PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Relationship Between the Land Use Planning, Land Supply and Housing Prices in Hong Kong PDF full book. Access full book title Relationship Between the Land Use Planning, Land Supply and Housing Prices in Hong Kong by Eddie C. M. Hui. Download full books in PDF and EPUB format.
Author: Eddie C. M. Hui
Publisher:
ISBN: 9789623673396
Category : Land use
Languages : en
Pages :
Get Book Here
Book Description
Author: Eddie C. M. Hui
Publisher:
ISBN: 9789623673396
Category : Land use
Languages : en
Pages :
Get Book Here
Book Description
Author: Yuk-Yi Alice Cheung
Publisher: Open Dissertation Press
ISBN: 9781374810013
Category : Architecture
Languages : en
Pages : 238
Get Book Here
Book Description
This dissertation, "Land Supply and Housing Price of Hong Kong: Implication for Urban Planning" by Yuk-yi, Alice, Cheung, 張玉儀, 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_b4389370 Subjects: Real property - Prices - China - Hong Kong Land use - China - Hong Kong City planning - China - Hong Kong Real property - Prices Land use - Planning Town planning
Author: Lawrence Wai-chung Lai
Publisher: Hong Kong Economic Policy Stud
ISBN:
Category : Business & Economics
Languages : en
Pages : 180
Get Book Here
Book Description
This book addresses one of Hong Kong's most sensitive issues: land-use planning d its effects on land supply and the housing market. The present planning system and the conflicts between various planning ordinances are criticized. The book proposes several ways to minimizing the transaction costs of development and environmental improvement.
Author: Shu Wang
Publisher:
ISBN:
Category :
Languages : en
Pages : 74
Get Book Here
Book Description
The objective of this thesis is to investigate the effects of land supply on housing prices in Hong Kong. Studies will be carried out to define whether there are any correlation between land supply, housing supply and residential property prices. In order to better understand Hong Kong's housing market, this study will first present a background of establishment of Hong Kong's land tenure system, land administration system and the government's land sale process, while trying to answer the question of whether the perceived shortage in housing supply is a direct consequence of the shortage in government's land supply. The study then examines the concentration of market shares among a handful of developers and the high barrier to entry that have resulted in such anti-competitive environment. The study analyzes the leading developers' competitive advantages in terms of land bank and financial strength, and their housing supply strategies in relation to the government's land supply decisions. This paper will then insert the theoretical findings into realistic settings of Hong Kong's housing development industry, and apply the methodology of event study to detect the impact of real estate companies' development strategies and how it alters the perceived relationship between the supply of land and the supply of housing. By simultaneously considering the effects of development strategies with government land policies, the paper aims to better evaluate governments measure to regulate housing market and hope to recommend more effective policies on residential land supply in Hong Kong.
Author: Mr.R. Sean Craig
Publisher: International Monetary Fund
ISBN: 1463925948
Category : Business & Economics
Languages : en
Pages : 15
Get Book Here
Book Description
This paper uses an econometric model of residential property prices in Hong Kong SAR to assess the effectiveness of alternative policies in slowing the increase in property prices. The rapid rise in property prices is well explained by macroconomic fundamentals; real GDP per capital, real domestic credit, construction costs, land supply, and the real interest rate. Policy can influence the property market though land supply and prudential and tax policy, with the latter policies taking the form of a stamp duty on property transactions and a tighter loan-to-value ratio (LTV) on lending. Land supply is the most effective policy insturment for restraining property price increases but it operates with a significant lag. The LTV and stamp duty dampen speculative activity that drives up property prices. While these policies can slow the increase in the short run, they should be guided by their long run objectives of financial stability and counteracting speculation.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: So-Ling Sophia Wong
Publisher:
ISBN: 9781361201220
Category :
Languages : en
Pages :
Get Book Here
Book Description
This dissertation, "Analysis of the Relationship Among Speculation, Shortage of Land and Housing Supply" by So-ling, Sophia, Wong, 黃素玲, 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_b3125983 Subjects: Housing - Prices - China - Hong Kong Housing - Prices - Government policy - China - Hong Kong Land use - Economic aspects - China - Hong Kong Real estate development - China - Hong Kong Housing policy - China - Hong Kong
Author: Ruijue Peng
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 46
Get Book Here
Book Description
Author: Nicole Gurran
Publisher: Springer
ISBN: 1137464038
Category : Political Science
Languages : en
Pages : 449
Get Book Here
Book Description
This book re-examines the role of urban policy and planning in relation to the housing market in an era of global uncertainty and change. The relationship between planning and the housing market is a contested problem across research, policy, and practice. Problems with housing supply and affordability in many nations have been linked to planning system constraints, while the global financial crisis has raised new questions about the role of urban planning regulation and processes in responding to housing market trends. With reference to international cases from the United Kingdom, the United States, Ireland, Hong Kong and Australia, the book examines how different systems of urban planning and governance address complex and dynamic housing market trends. It also offers practical guidance on how urban planning can support an efficient supply of appropriate and affordable homes in preferred locations. A detailed study, which explains and decodes the workings of the planning system and housing market, this book will be of particular interest to scholars of human geography and urban planning, as well as housing policy makers and practitioners. To view Nicole Gurran’s related TEDx talk please visit: Housing Crisis? How about housing solutions. TEDx Sydney 2018 (http://bit.ly/2psfpMw)
Author: Qiongqiong Zheng
Publisher: Open Dissertation Press
ISBN: 9781361006160
Category : Technology & Engineering
Languages : en
Pages : 110
Get Book Here
Book Description
This dissertation, "Land Supply and Housing Prices: Empirical Studies of Hong Kong and Guangzhou" by Qiongqiong, Zheng, 郑琼琼, 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: It is widely accepted that land supply plays an important role in restricting housing supply and adjusting housing price level. This study aims to explore the dynamic relationship and causality between land supply and housing price with the cases of Hong Kong and Guangzhou, which are two close relative Chinese cities under the framework of 'One country, two systems'. This study employs the vector auto-regression (VAR), Vector Error Correction Model (VECM) and Granger Causality test to disentangle the complicated relationship, long-run and short-run, between land supply and housing price. Besides, the dynamic analysis of VAR and VECM are conducted using innovation accounting methods such as impulse response function (IRF) and variance decomposition (VDC). The empirical results show that the land supply and housing price are co-integrated in Hong Kong during the sample period between 2001 and 2011, and a long-run unilateral causality is confirmed from housing price to land supply for Hong Kong. Regarding Guangzhou, although there is no co-integration between land supply and housing price during 2001 and 2011, Granger causality from land supply to housing price shows a time lag of 10 quarters. These findings imply the relative efficient market economy in the Hong Kong housing market compared to Guangzhou, which is also consistent with the differences in land leasing systems and housing markets in Hong Kong and Guangzhou. This study not only sheds light on the discrepancies of land leasing systems and housing market mechanism between capitalism and socialism, but also provides implications for policy makers in formulating strategy to improve housing affordability. DOI: 10.5353/th_b5108692 Subjects: Housing - Prices - China - Hong Kong Land use - China - Guangzhou Housing - Prices - China - Guangzhou Land use - China - Hong Kong
