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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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Finding $3.336 Trillion in Housing Capital

Finding $3.336 Trillion in Housing Capital

Chapter:
(p.181) 24 Finding $3.336 Trillion in Housing Capital
Source:
Fixing Inequality in Hong Kong
Author(s):

Yue Chim Richard Wong

Publisher:
Hong Kong University Press
DOI:10.5790/hongkong/9789888390625.003.0024

If the restriction on selling TPS and HOS units on the open market were removed or the unpaid land premiums substantially lowered, then an active market would appear. They would then become an important source of new housing capital. Such privatization of public rental units and deregulation of sale restrictions on ownership units would substantially enhance the market value of government housing.

Keywords:   Housing, Tenant Purchase Scheme (TPS) units, HOS units, Public housing, privatization, Private residential housing, Thomas Piketty

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