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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

(p.199) 28 Eighty Percent Homeownership (Part 2)
Hong Kong Land for Hong Kong People

Yue Chim Richard Wong

Hong Kong University Press

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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