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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: 25 June 2022

Comparing Public Sector Housing Policies in Hong Kong and Singapore

Comparing Public Sector Housing Policies in Hong Kong and Singapore

(p.35) 5 Comparing Public Sector Housing Policies in Hong Kong and Singapore
Hong Kong Land for Hong Kong People

Yue Chim Richard Wong

Hong Kong University Press

Both Singapore and Hong Kong have massive public sector housing programs on a scale that is unprecedented in free market capitalist economies. Approximately four-fifths of Singaporeans and half of Hong Kong residents live in government-provided subsidized housing. But the two programs are critically different because of their different policies on homeownership and tenancy rights. Singapore has allowed for the establishment of an active market in public sector housing for rental and for purchase and sale. But in Hong Kong, restrictions have made the market for such units nonexistent and nonfunctional, with grave consequences for matters beyond housing issues. To consider a way out of this morass, it is useful to study the case of Singapore.

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

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