hong kong housing profile

26
Housing and Settlements Hong Kong SAR Profile May 2014 130600590

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A housing profile of Hong Kong. Focusing on current supply issues and the government’s approach to meeting housing needs. Exhibiting some of the the best and worst examples of living conditions in one of the most densely populated countries in the world, it concludes with some recommendations for change.

TRANSCRIPT

Page 1: Hong Kong Housing Profile

Housing and Settlements

Hong Kong SAR Profile

May 2014

130600590

Page 2: Hong Kong Housing Profile

Contents

Page 3: Hong Kong Housing Profile

Hong Kong has transitioned from a high

growth phase to a low growth phase.

(World Population Review, 2014)

1. Introduction

1.1 Administration

1.2 Population and Demographics

H

Page 4: Hong Kong Housing Profile

1.3 Economy 2

4 United Nations Department of Economic and Social Affairs

(2013) 5 Florida; Martin Prosperity Institute (2011)

Page 5: Hong Kong Housing Profile

2. Housing Stock 2.1 Overview

3

2.2 Affordability

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3. Types of Housing (Please see appendix 1 for a more specific description of each individual house type)

3.1 Formal 6

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Hong Kong is a heaven to rich families a

hell to grass roots.

(Ho Lap College, 2013)

3.2 Informal 7

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Hong Kong aims to take a supply–led strategy with a focus on public housing

(Policy Address, 2014)

4. Market Shortfall

4.1 Present and Future Need

T

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5. Property Acquisition

5.1 Middle-to-High Income Households

5.2 Middle-Income Households

F

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5.3 Low-Income Households 11

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6. Case Study: Sham Shui Po

T

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6.1 Health and Wellbeing12

6.2 Sanitation and Ventilation

6.3 Safety

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6.4 Cost 13

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Finding an adequate amount of land to meet Hong Kong’s housing supply target

will involve making choices and accepting

trade-offs.

(Policy Address, 2014)

7. Barriers to Development 7.1 Land Availability

14

7.2 Maintaining Economic Growth

7.3 Upholding Liberal Principles

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In all markets Hong Kong is keen to uphold its “Big Market, Small

Government” principles.

(HK Government, 2012)

7.4 Interest Rates 15

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8. Conclusion

8.1 Suggestions for Improvement 16

T

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Appendix 1 Specific Description of House Types

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Bibliography

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