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Poverty in the Midst of AffluenceHow Hong Kong Mismanaged Its Prosperity$
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Leo F. Goodstadt

Print publication date: 2013

Print ISBN-13: 9789888208210

Published to Hong Kong Scholarship Online: May 2014

DOI: 10.5790/hongkong/9789888208210.001.0001

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PRINTED FROM HONG KONG SCHOLARSHIP ONLINE (www.hongkong.universitypressscholarship.com). (c) Copyright Hong Kong University Press, 2022. An individual user may print out a PDF of a single chapter of a monograph in HKSO for personal use.date: 17 May 2022

Housing: Unending Crisis

Housing: Unending Crisis

(p.87) 3 Housing: Unending Crisis
Poverty in the Midst of Affluence

Leo F. Goodstadt

Hong Kong University Press

Housing is the single biggest factor in determining a family’s quality of life and is for most people their single biggest investment. Hong Kong housing standards have long been disgraceful. The SAR government has slashed public housing budgets, and the private sector has become increasingly unaffordable in this century. The current crisis is the predictable but preferred outcome of official policies. It can also be shown to be an unnecessary concession to the developers.

Keywords:   Hong Kong, Poverty, Social welfare, Comprehensive Social Security Assistance, Healthcare, Education, Housing, Government policy, Legislation, Social inequality

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