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Fixing Inequality in Hong Kong$
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Yue Chim Richard Wong

Print publication date: 2017

Print ISBN-13: 9789888390625

Published to Hong Kong Scholarship Online: January 2018

DOI: 10.5790/hongkong/9789888390625.001.0001

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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: 23 May 2022

Divorce and Dynamic Poverty

Divorce and Dynamic Poverty

(p.173) 23 Divorce and Dynamic Poverty
Fixing Inequality in Hong Kong

Yue Chim Richard Wong

Hong Kong University Press

The public rental housing program had an in-built incentive that provided encouragement for unhappy couples to divorce. The high and rising divorce rate in Hong Kong is therefore both a cause and an effect of higher housing prices and rents. It distorts the measured inequality in household incomes. These economic and social changes were magnified through a public rental housing program that at best failed to protect the relative and absolute wealth position of families without property and at worst created perverse incentives that increased the divorce rate among the poor. The present day public housing program is reproducing poverty across generations against a background of sustained rising private property prices.

Keywords:   Divorce, Public housing, Inequality, Poverty, Property prices

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