Wang Zijing, Liang Yinlong, Shao Ting

Keywords： Housing Shortage; Overpriced Housing; Middle and Low-income People; Public Housing Policy; Affordable Home Ownership; Hong Kong

Abstract：

In recent years, large cities in China are generally facing the double challenges of overpriced housing and housing shortage. Middle and low-income people in cities are suffering from long-term difficulty in obtaining affordable housing, which has become an important obstacle to realize the goal of highquality urbanization. To achieve the goal of “Home Ownership Scheme”, Hong Kong has explored a set of public housing policies since the 1950s, which stipulate that public houses are mainly for rent and rarely for sale. The implementation of the public housing policies have achieved remarkable results but also accumulated a lot of contradictions. This paper first reviews the content and historical evolution of Hong Kong’s public housing policies. Then it evaluates the implementation effects of the public housing policy in four stages: forced intervention, active intervention, negative intervention, and moderate intervention. Finally, the success and shortcomings of Hong Kong’s public housing policies are summarized, which can provide inspiration and reference for the public housing policy-making of large cities in mainland China.

Funds：

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