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A Comparison Of Home Ownership Policies In Singapore And Hong Kong
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Book Synopsis Hong Kong's Housing Policy by : Betty Yung
Download or read book Hong Kong's Housing Policy written by Betty Yung and published by Hong Kong University Press. This book was released on 2008-07-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines housing policy in Hong Kong using a new and unique interdisciplinary approach – combining the philosophical discussion on social justice with policy and housing studies. It considers both Western and Chinese concepts of social justice, and investigates the role of social justice in a public policy such as housing. As a philosophical treatise on social administration, the book will be of interest to philosophy, public administration, and housing studies academics and students of all countries. Since Hong Kong represents a very special case with massive governmental intervention into the housing market, housing professionals and policy makers will find the analysis of Hong Kong's housing policy useful.
Book Synopsis Housing the Nation - a Singapore Policy Story by : Kim Hin / David Ho
Download or read book Housing the Nation - a Singapore Policy Story written by Kim Hin / David Ho and published by Partridge Publishing Singapore. This book was released on 2020-12-17 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 takes a close look at a unique and state-of-the-art dynamic, structural public housing macroeconomic model (DSPHM), based on an open economy for several key macroeconomic variables, actual and expected, as well as the demand for new HDB flats sold. This Chapter readily adopts the DSPHM for simulating two scenarios, namely a “no change” first scenario and a public housing “deregulation” second scenario. Chapter 2 explores the relationship between several economic factors and the demand for public housing in Singapore and Hong Kong, deploying the innovative and versatile system dynamics model, to shed better understanding on the policy implications of assisted ownership housing. The Chapter assesses the demand for new flats of the Singapore and Hong Kong economies, under certain macroeconomic policy changes, suitable for their unique situations. Chapter 3 is concerned with the underlying structural relationships that affect Singapore’s public housing policy to potentially privatize the HDB concessionary-rate mortgages for HDB homebuyers. Such a potential privatization infuses and sustains price competitiveness among the domestic private banks in Singapore, and lead to improved efficiency among them as well as the Singapore economy at large. Chapter 4 is concerned with the binomial option-pricing model, proposed by Cox, Ross and Rubinstein (1979), which is appropriate to represent the movement of the underlying HDB resale flat prices, subject to private market forces in HDB’s large scale public housing secondary resale market. The HDB Main Upgrading Program (MUP) is a heavily subsidized and highly targeted public housing policy. Since its inception in 1992, the HDB has budgeted some S$3 billion to finance the MUP policy. Chapter 5 recognizes housing affordability to be always an issue of concern to many Singaporean homebuyers because shelter forms one of the basic life necessities. The corresponding private residential market in Singapore offers quality and premium private residential accommodation for homebuyers, who prefer the private residential market. The appropriate affordability model is a multi-factor housing affordability index (HAI) model, which considers the ability to provide down payment and to service the mortgage taken up. Lastly, Chapter 6 offers the book’s conclusion.
Book Synopsis The Ideology of Home Ownership by : R. Ronald
Download or read book The Ideology of Home Ownership written by R. Ronald and published by Springer. This book was released on 2008-05-28 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demand for owner-occupied housing has expanded dramatically across modern-industrialized societies in recent years leading to volatile increases in residential property values. This book explores the rise of modern home-ownership as a cultural, socio-political and ideological phenomenon.
Book Synopsis Politics and Change in Singapore and Hong Kong by : Stephan Ortmann
Download or read book Politics and Change in Singapore and Hong Kong written by Stephan Ortmann and published by Routledge. This book was released on 2009-12-04 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: In democratization theory, Singapore continues to be a remarkable country for its extremely low level of contentious politics despite rapid economic development. In contrast, many different groups in Hong Kong have taken their demands to the streets since the 1970s. Even though there is an obvious difference in the willingness of the population to actively challenge the regime, the political developments of the two city-states show a similar pattern of political mobilization and government reaction. This book examines the changing pattern of contentious politics in the democratization process of these Asian city-states. It explores the causal connections between popular contention and democratization, using a multi-disciplinary approach with theoretical insights from the political sciences, sociology and psychology. The political process model is applied to provide further understanding of the patterns of interaction between contenders, opposition groups or social movements and the ruling elite. The book argues that differences in the strategies applied by the ruling elite explain why members of the opposition were empowered or obstructed in challenging the government.
Book Synopsis Social Policy in East and Southeast Asia by : M. Ramesh
Download or read book Social Policy in East and Southeast Asia written by M. Ramesh and published by Routledge. This book was released on 2004-08-02 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Policy in East and South East Asia provides the first systematic comparison of the policy sectors of income maintenance, health, housing and education in Hong Kong, South Korea, Singapore and Taiwan. It focuses particularly on the provision and financing arrangements of these four Asian newly industrialized economies and their outcomes in terms of adequacy, efficiency and equity, drawing on extensive primary research carried out by the author. Locating the importance of Asian social policies in the wake of the recent financial crisis in the region, this work provides a comprehensive analysis of the different types of welfare state in contemporary Asia.
Download or read book Housing East Asia written by J. Doling and published by Springer. This book was released on 2014-01-21 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Housing policy has been central to the economic success stories of the major East Asian economies as well as a pillar of social and welfare provision. This book explores not only the development of their distinctive approach, but also the challenges posed in recent years, and currently, by rapid socio-economic and demographic change.
Book Synopsis Singapore Housing by : Belinda K. P. Yuen
Download or read book Singapore Housing written by Belinda K. P. Yuen and published by NUS Press. This book was released on 1998-12-31 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Singapore housing has often been held up as a success story, especially the development of its public housing. This book aims to document the research and publication on this aspect of Singapore's development. Covering the periods prior to and after 1960, the annotated bibliography brings together in one volume both published and unpublished works.
Book Synopsis Homeownership in Hong Kong by : Chung-kin Tsang
Download or read book Homeownership in Hong Kong written by Chung-kin Tsang and published by Routledge. This book was released on 2021-05-24 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the cultural framework of the connections between homeownership and social stability in Hong Kong. In the post-war period, homeownership became the most preferable housing choice in developed societies, such as Australia, Britain, Japan, Spain, and the United States. In the financialization era, its proliferation aggregated enormous wealth and debt in the housing and mortgage markets, affecting social stability by creating inequality and housing unaffordability. Hong Kong is the most extreme example of this among developed societies – in recent years, the city has made international headlines both for its housing problem and its social instability. By studying the history of homeownership in Hong Kong over a period of four decades, Chung-kin Tsang proposes that homeownership is inseparable from the social imagination of the future, conceptualizing this framework as "hope mechanism". This perspective helps trace the connections between ‘House Buying’ as a hope mechanism – one which is central to subject formation, life goals, and temporal mapping for socially shared life planning – and social stability. Given its unique approach, specifically its use of "hope" as an analytical category, this book will prove to be a useful resource for scholars in economic culture and financialization, and Asian Studies, especially those working on the cultural, sociopolitical, and economic history of Hong Kong.
Book Synopsis Housing and Social Change by : Ray Forrest
Download or read book Housing and Social Change written by Ray Forrest and published by Routledge. This book was released on 2003-09-25 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to provide a benchmark statement of key issues on housing and to emphasise the need to embed our understanding of housing issues in an international and multidisciplinary setting.
Book Synopsis Social Policy and Poverty in East Asia by : James Midgley
Download or read book Social Policy and Poverty in East Asia written by James Midgley and published by Routledge. This book was released on 2009-09-11 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the role of social policy and particularly social security in addressing the ongoing challenge of poverty in East Asia despite the region’s spectacular experience of economic growth in decent decades. The East Asian miracle resulted over the last four decades in a transformation of the region’s traditional agrarian economies and significant increases in standards of living for many ordinary people. Even though it was given little attention, poverty has remained an ongoing problem. The problem became particularly evident however with the Asian financial crisis of 1997 when many low income and middle class workers became unemployed. As a result of this crisis, the need for effective social policies and social security programs were recognized. The idea that economic growth would solve the problem of poverty was increasingly challenged. Even in China today, where rapid growth has created new employment opportunities and the promise of prosperity for many, the government has recognized that the problem of poverty cannot be addressed only through economic growth but that comprehensive social policies must be formulated, and this includes the development of an effective security system.
Book Synopsis Social Policy Review by : Catherine Bochel
Download or read book Social Policy Review written by Catherine Bochel and published by Policy Press. This book was released on 2003 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Policy Review is an annual selection of commissioned chapters focusing on developments and debates in social policy in the UK, Europe and internationally. The Review has become recognised as a topical, accessible, well-written and affordable publication and has a substantial readership among social policy academics, students, researchers and policy makers.
Book Synopsis International Real Estate by : David Kim Hin Ho
Download or read book International Real Estate written by David Kim Hin Ho and published by NUS Press. This book was released on 2007 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers real estate market analysis in the context of economic theory pertaining to market disequilibria, utilising data from major cities in Asia as case studies. This book looks at managing real estate market uncertainty at the portfolio level through the analytical techniques of real estate asset allocation.
Book Synopsis Dynamics of Housing in East Asia by : Bertrand Renaud
Download or read book Dynamics of Housing in East Asia written by Bertrand Renaud and published by John Wiley & Sons. This book was released on 2016-03-03 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to evaluate the organisation, behaviour and performance of six major East Asian real estate markets. It offers a unique analysis of the growth and transformation of the real estate sector across East Asia. The authors examine the interactions between volatility in the sector and the overall stability of the economy, in particular during the Asia financial crisis of 1997-98, and the global financial crisis of 2008-09. draws on the best available theoretical and empirical literature applies analytic tools in the context of East Asian institutions and policies helps understand factors affecting resilience and stability in East Asian real estate markets.
Book Synopsis Housing Finance Systems by : S. Phang
Download or read book Housing Finance Systems written by S. Phang and published by Springer. This book was released on 2013-02-06 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The term 'housing crisis' has recently been associated with rising foreclosure rates and tottering financial institutions, particularly in the US and Europe. However, in many emerging countries, the housing crisis is about urban poverty, unplanned settlements, overcrowded slums and homelessness.
Book Synopsis An Asian International Real Estate Review by : Kim Hin David Ho
Download or read book An Asian International Real Estate Review written by Kim Hin David Ho and published by Partridge Publishing Singapore. This book was released on 2021-10-20 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt: Direct real estate market analysis is a rigorous investigative approach for academic research, and for direct real estate investment research in practice. ‘An Asian International Real Estate Review’ considers the subject in the context of economic theory pertaining to market disequilibria, utilizing data from major cities in Asia as case studies. Such an approach makes it possible to determine what really defines an Asian direct real estate sector. What is being measured? How does it behave (in terms of price and non-price factors)? How is it structured? How effectively does it achieve sustainable total returns? And how does it manage direct real estate market uncertainty? Direct real estate market uncertainty originates from both the demand-side and the supply-side of the market. The market responds to structural macroeconomic and microeconomic factors that in turn are affected by related public policies. Such factors and policies interact to affect Asian direct real estate in unique ways since the Asian currency crisis of 1997. ‘An Asian International Real Estate Review’ shows that while the details of direct real estate market analysis are different for the various Asian cities (and their direct real estate sectors) owing to their different stages of maturity, underlying principles nevertheless apply. ‘An Asian International Real Estate Review’ also looks at managing direct real estate market uncertainty at the portfolio level via the analytical techniques of direct real estate asset allocation, direct real estate value-at-risk (VaR), real option analysis and pricing.
Book Synopsis Handbook on East Asian Social Policy by : Misa Izuhara
Download or read book Handbook on East Asian Social Policy written by Misa Izuhara and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dramatic socio-economic transformations over the last two decades have brought social policy and social welfare issues to prominence in many East Asian societies. Since the 1990s and in response to national as well as global pressure, there have been substantial developments and reforms in social policy in the region but the development paths have been uneven. Until recently, comparative analysis of East Asian social policy tends to have focused on the established welfare state of Japan and the emerging welfare regimes of four Tiger Economies. Much of the recent debate indeed preceded Chinas re-emergence onto the world economy. In this context, this Handbook brings China more fully into the contemporary social policy debates in East Asia. Organised around five themes from welfare state developments, to theories and methodologies, to current social policy issues, the Handbook presents original research from leading specialists in the fields, and provides a fresh and updated perspective to the study of social policy. Providing a comparative international approach, this Handbook will appeal to academics, researchers and students at both undergraduate and postgraduate levels working in the fields of social policy, as well as policy makers and practitioners who are interested in social policy lessons from other societies.
Book Synopsis Housing and the New Welfare State by : Richard Groves
Download or read book Housing and the New Welfare State written by Richard Groves and published by Routledge. This book was released on 2016-04-29 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: The changing nature and significance of housing provision within welfare states is considered in this timely book. With housing playing an increasingly important role in welfare provision, the new welfare state emerging in different parts of the world is being developed in the context of individual asset accumulation and the private ownership of housing. Housing and the New Welfare State shows that housing is becoming critical to asset-based welfare not only in Western Europe but also in the six East Asian housing systems that are a major focus of the book. Chapters by leading East Asian scholars provide analysis of housing policies in Singapore, Hong Kong, Korea, Japan, China and Taiwan. Also examined are the 'four worlds' of welfare and housing; the causes and consequences of the shift from tenants to home owners in the old welfare states of Britain and other parts of Western Europe; and the growth of the property-owning welfare state as a theme running through contemporary policy in both East Asia and Europe.
