Development in the Hong Kong Housing Market
Author :
Publisher :
Page : pages
File Size : 28,77 MB
Release : 1994
Category :
ISBN :
Markets at Work
Author : Bertrand Renaud
Publisher : Hong Kong University Press
Page : 137 pages
File Size : 47,59 MB
Release : 1997-07-28
Category : Business & Economics
ISBN : 9622094384
Book Description
'The real estate economy of Hong Kong is one of the most dynamic and sophisticated in the world, and has contributed greatly to the spectacular development of this vibrant city. More importantly, at a time of rapid globalization of the world economy, it is possibly the best model of the behaviour of an advanced real estate industry operating in an open economy. Hong Kong is thereforeof interest to analysts and policymakers everywhere, not least because of Hong Kong's political reintegration with China in 1997. With this in mind, the authors have managed to capture the key economic features of the private residential real estate market in Hong Kong in this compact volume. They have identified and highlighted critical institutions that contribute to the success and economic factors which shape the dynamics of all sectors of the real estate industry in Hong Kong. This book is essential reading for market analysts, policymakers, students and international readers with an interest in comparative analysis of real estate markets and institutions.' Professor Anthony Walker, Centre for Real Estate and Urban Economics,The University of Hong Kong.
Implications of New Airport/port Development on Hong Kong Housing Market
Author : Chun-sing Wai (Terence)
Publisher :
Page : 164 pages
File Size : 31,77 MB
Release : 1998
Category : Airports
ISBN :
Book Description
Law, Economics and Finance of the Real Estate Market
Author : Rita Yi Man Li
Publisher : Springer Science & Business Media
Page : 148 pages
File Size : 48,92 MB
Release : 2014-03-10
Category : Law
ISBN : 364254245X
Book Description
The symbiosis between the law, economics and finance is evidenced in our daily lives. This book elucidates the relationship between these factors in Singapore and Hong Kong in direct and indirect real estate market. In Singapore, for example, there is an inseparable relationship between law, economics, finance and the HDB market. The book also showcases the concept of invitation to treat and offer, monetary compensation for environmental externalities under the lens of institutional economics. It also sheds light on the relationship between financial crisis, regulations, housing prices and indirect real estate market.
Implications of New Airport/Port Development on Hong Kong Housing Market
Author : Chun-Sing Terence Wai
Publisher :
Page : pages
File Size : 39,75 MB
Release : 2017-01-26
Category :
ISBN : 9781361076903
Book Description
This dissertation, "Implications of new airport/port development on Hong Kong housing market" by Chun-sing, Terence, Wai, 衛振聲, 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_b3196849 Subjects: Infrastructure (Economics) Real estate business - China - Hong Kong Airports - Economic aspects - China - Hong Kong Infrastructure (Economics) - China - Hong Kong Hong Kong International Airport Airport Core Programme Projects Real estate development
The Development of Private Housing Market in Shenzhen Special Economic Zone and Its Impacts on the Hong Kong Housing Market
Author : Wan-Yu Yueh
Publisher :
Page : pages
File Size : 16,90 MB
Release : 2017-01-28
Category :
ISBN : 9781374812468
Book Description
The Development of Private Housing Market in Shenzhen Special Economic Zone and Its Impacts on the Hong Kong Housing Market
Author : Yueh Wan-yu
Publisher :
Page : 192 pages
File Size : 40,96 MB
Release : 2001
Category : Real estate business
ISBN :
Book Description
International Housing Market Experience and Implications for China
Author : Rebecca L. H. Chiu
Publisher : Taylor & Francis
Page : 427 pages
File Size : 32,83 MB
Release : 2019-03-18
Category : Political Science
ISBN : 0429796161
Book Description
Recent rapid housing market expansion in China is presenting new challenges for policy makers, planners, business people, and citizens. Now that housing in middle-income China is driven by consumer choices and is no longer dominated by state policy decisions, housing policy issues in Chinese cities are becoming increasingly similar to those encountered in other global housing markets. With soaring prices and imbalances in housing supply favoring high income groups and housing demand driven by rising inequality in household incomes, many middle and lower-income households face worsening choices in terms of the quality and location of their housing as well as greater financial difficulties, which together can have negative implications for standards of public health. This book examines the impact of these changes on the general population, as well as on aspiring homeowners and developers. The contributors look at the effect on the widening of wealth gaps, slower economic growth, and threats to political and social stability. Though focusing on China, the editors also present discussions of specific policy design challenges encountered in Australia, Japan, Korea, the Netherlands, the Nordic countries, Singapore, Taiwan, the UK, and the US. This book would be of interest to housing policy makers, as well as academics who are studying the social and political effects of the Chinese housing market.
Trading Volume and Liquidity Premium in the Hong Kong Housing Market
Author : Hon-Ho Kwok
Publisher : Open Dissertation Press
Page : pages
File Size : 23,1 MB
Release : 2017-01-27
Category :
ISBN : 9781361440032
Book Description
This dissertation, "Trading Volume and Liquidity Premium in the Hong Kong Housing Market" by Hon-ho, Kwok, 郭漢豪, 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: Abstract of thesis entitled "Trading Volume and Liquidity Premium in the Hong Kong Housing Market" Submitted by Kwok Hon Ho for the degree of Master of Philosophy at The University of Hong Kong in Aug 2006 Various liquidity measures, such as the time on the market and trading volume, appear in the economics and finance literature. Since prices and liquidities are normally the optimal choices of asset owners, these liquidity measures are endogenous. Because of the endogeneity of liquidity measures, the ordinary least squares estimator is biased and inconsistent. The ordinary least squares estimate of liquidity effect is expected to be upward biased because of the positive correlation between price and trading volume. In this study, the instrument-variable estimation is proposed to handle the endogeneity problem. The proposed instrument is the size of the housing development, which can be expressed in terms of the number of units developed in the development project. The upward bias of the ordinary least squares estimates and the endogeneity of trading volume are supported by the evidence from the Hong Kong housing market. The choice of instrument is motivated by the conjectured size effects of housing development in Hong Kong. Holding the houses' attributes constant, residential units in Hong Kong are expected to be of higher prices and higher liquidities if the units are developed in large scale development projects or located in large housing estates. Empirical results show that significant size effects do exist in Hong Kong. The estimated size effects on price and liquidity are tremendous. The size effects can be explained by a model based on search friction. DOI: 10.5353/th_b3688190 Subjects: Liquidity (Economics) Housing development - China - Hong Kong Housing - Prices - China - Hong Kong
Housing, Home Ownership and Social Change in Hong Kong
Author : James Lee
Publisher : Routledge
Page : 349 pages
File Size : 40,80 MB
Release : 2019-07-23
Category : Political Science
ISBN : 0429803427
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.
