The Misallocation Problem of Subsidized Housing: A Lesson from Hong Kong

The Misallocation Problem of Subsidized Housing: A Lesson from Hong Kong

Providing affordable housing has become one of China’s key national policy agenda items. The shared-equity model in Hong Kong, implemented since the late 1970s, has assisted many families in owning a home in the public housing market. However, little attention has been paid to their welfare after ac...

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Bibliographic Details
Main Authors: Ka Shing Cheung, Siu Kei Wong, Kwong Wing Chau, Chung Yim Yiu
Format: Article
Language:English
Published: MDPI AG 2021-02-01
Series:Sustainability
Subjects:
subsidized homeownership
residential mobility
misallocation
spatial mismatch
panel data estimation
Online Access:https://www.mdpi.com/2071-1050/13/4/1855

Internet

https://www.mdpi.com/2071-1050/13/4/1855

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