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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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Eighty Percent Homeownership (Part 2)

Eighty Percent Homeownership (Part 2)

Benefits and Challenges

Chapter:
(p.199) 28 Eighty Percent Homeownership (Part 2)
Source:
Hong Kong Land for Hong Kong People
Author(s):

Yue Chim Richard Wong

Publisher:
Hong Kong University Press
DOI:10.5790/hongkong/9789888208654.003.0028

Allowing rental households to purchase their homes outright, as I have proposed through a unification of the existing public rental housing (PRS) and Homeownership Housing Scheme (HOS) into a single Subsidized Housing Scheme (SHS), would do a lot to increase homeownership. But the benefits are not limited to the SHS household. The SHS can also help resolve other pressing problems in Hong Kong.

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

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