For many in Hong Kong our housing problem is high prices and high rents – a shortfall in housing. They conclude that the most adversely affected are the low-income and middle-income households so gove...
Housing Malaise is Not Simply Insufficient Housing Units The housing malaise in Hong Kong is often seen as a problem of demand growing faster than supply. Government policy aims to (1) manage demand b...
Underestimating Demand Growth — Divorce and Remarriages The most important source of growth in housing demand that has not been foreseen in Hong Kong is the rapidly escalating number of divorces and r...
Property prices have once again scaled new heights (despite the heavy punitive stamp duties), demonstrating conclusively that regulatory constraints do not work. Demand management is futile in the fac...
Home prices soared in late 2016 to the surprise of many, after falling by about 4 per cent between 2015 and 2016. Developers quickly pushed large numbers of pre-sale units onto the market at very high...
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