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Housing, Home Ownership and Social Change in Hong Kong (Social and Political Studies from Hong Kong)
by James Lee
Binding: Hardcover, 242 pages
Publisher: Ashgate Pub Ltd
List Price: USD $130.00
Weight: 60
Dimension: H: 0.75 x L: 8.6 x W: 0.5 inches
ISBN 10: 1840145625
ISBN 13: 9781840145625
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Book Description:
Throughout the 1980s and 90s, the housing system in Hong Kong has witnessed a slow but consistent transition from a tenure dominated by public rental housing to one dominated by private home ownership. This book seeks to explain the unique social organization of home ownership in contemporary Hong Kong. Specifically, the book deals with the genesis of home ownership from three areas: housing histories; family culture; and capital gains from home transactions. It is agreed that extreme deprivations in housing conditions in early lives, a strong family culture of mutual help as well as unprecedented capital gains, all contribute towards explaining the complex nature of home ownership growth. In conclusion, the book suggests that with China regaining sovereignty after July 1997, the social organization of home ownership will be further complicated by more internal migrations from other parts of China, making housing problems even more acute.

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