{"title":"经济不确定性下的住房所有权","authors":"James Lee, N. Yip","doi":"10.3828/TWPR.23.1.C263W20R70L06J9U","DOIUrl":null,"url":null,"abstract":"Home-ownership in Hong Kong has been hailed as the preferred tenure during the past two decades. Since 1987 the government has pursued a home-ownership policy, mainly by encouraging private-sector development and by providing a limited number of flats for sale. While home-ownership is still cherished as the bulwark of housing policy, the Asian financial crisis of 1997 has made it extremely risky. This paper is concerned with the risks of home-ownership, its relationship with the economy and the implications of a home-ownership policy for the role of the state. It is argued that while home-ownership may be risky the state, through appropriate institutional arrangements, can share risk and responsibilities with home-owners.","PeriodicalId":85791,"journal":{"name":"Third world planning review","volume":"23 1","pages":"61-78"},"PeriodicalIF":0.0000,"publicationDate":"2001-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3828/TWPR.23.1.C263W20R70L06J9U","citationCount":"4","resultStr":"{\"title\":\"Home-ownership under economic uncertainty\",\"authors\":\"James Lee, N. Yip\",\"doi\":\"10.3828/TWPR.23.1.C263W20R70L06J9U\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Home-ownership in Hong Kong has been hailed as the preferred tenure during the past two decades. Since 1987 the government has pursued a home-ownership policy, mainly by encouraging private-sector development and by providing a limited number of flats for sale. While home-ownership is still cherished as the bulwark of housing policy, the Asian financial crisis of 1997 has made it extremely risky. This paper is concerned with the risks of home-ownership, its relationship with the economy and the implications of a home-ownership policy for the role of the state. It is argued that while home-ownership may be risky the state, through appropriate institutional arrangements, can share risk and responsibilities with home-owners.\",\"PeriodicalId\":85791,\"journal\":{\"name\":\"Third world planning review\",\"volume\":\"23 1\",\"pages\":\"61-78\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2001-02-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.3828/TWPR.23.1.C263W20R70L06J9U\",\"citationCount\":\"4\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Third world planning review\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.3828/TWPR.23.1.C263W20R70L06J9U\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Third world planning review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3828/TWPR.23.1.C263W20R70L06J9U","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Home-ownership in Hong Kong has been hailed as the preferred tenure during the past two decades. Since 1987 the government has pursued a home-ownership policy, mainly by encouraging private-sector development and by providing a limited number of flats for sale. While home-ownership is still cherished as the bulwark of housing policy, the Asian financial crisis of 1997 has made it extremely risky. This paper is concerned with the risks of home-ownership, its relationship with the economy and the implications of a home-ownership policy for the role of the state. It is argued that while home-ownership may be risky the state, through appropriate institutional arrangements, can share risk and responsibilities with home-owners.
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