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Hong Kong Land for Hong Kong People$
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Yue Chim Richard Wong

Print publication date: 2015

Print ISBN-13: 9789888208654

Published to Hong Kong Scholarship Online: September 2015

DOI: 10.5790/hongkong/9789888208654.001.0001

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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

Divorce, Inequality, Poverty, and the Vanishing Middle Class

Divorce, Inequality, Poverty, and the Vanishing Middle Class

(p.99) 14 Divorce, Inequality, Poverty, and the Vanishing Middle Class
Hong Kong Land for Hong Kong People

Yue Chim Richard Wong

Hong Kong University Press

The high and rising divorce rate in Hong Kong is both a cause and an effect of higher housing prices and rents. It distorts the measured inequality in household incomes, leading to exaggerated alarms by the political left and social democrats about the rise of static measures of inequality, which have origins in economic globalization and China’s opening. These economic and social changes have been magnified through a public rental housing program that at best has failed to protect the relative and absolute wealth position of families without property, and at worst has created perverse incentives that have increased the divorce rate among those who are the poor.

Keywords:   Hong Kong, Housing, Housing policy, Public Housing, Politics, Social mobility, Population, Economics, Growth

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