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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

Equal Yet Unequal

Equal Yet Unequal

The Occupants of Private and Public Housing Units

(p.41) 6 Equal Yet Unequal
Hong Kong Land for Hong Kong People

Yue Chim Richard Wong

Hong Kong University Press

A crucial question in the discussion on housing is whether most households in the public housing sector are on the whole poorer than those in the private sector. Or, does the distribution of household income among public housing occupants and private housing occupants overlap significantly or minimally? A well-known result from the economics of housing demand is that households with higher incomes prefer or demand bigger homes, and the size of accommodation is expected to be positively related with income. Given the large difference in the median size of the housing units between the private and public housing sectors (about 40%), an efficient or optimal housing arrangement would require that there be very different income levels between the occupants of these two sectors.

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

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