A critical review on housing subsidy policy
Hong Kong government has put a significant portion of public expenditure in operating the public housing programme. Its large public housing sector accommodates about one-third of the population. The housing demand is expected to keep growing in the nearest future with the increasing number of immigrants influx from the mainland China. The controversial issue on fairness and effectiveness in allocation of this public resource would become greater important.
In early 1970, the allocation of the housing subsidy was quite selective in order to reduce the public expenditure burden. Starting from 1987, the government firstly introduced the Housing Subsidy Policy (HSP) for the resources allocation with an aim to stop subsidizing to those in need. However, after years of implementation, serious and strong criticisms on its inequity was reverted from the interested parties and the public housing tenants that the policy was modified into two-tier system in 1993.
In response to the criticism on the equity and effectiveness issue towards the HSP, this dissertation is in attempt to evaluate these aspects and explores a more objective assessment to the perception of general public. The criteria of equity and effectiveness are important measurement to criticize the rationalization of the housing resources
The assessment will first go through a hypothetical analysis, followed by a questionnaire-driven survey for a qualitative measurement. The previous would be mainly derived from the literature review and official publications whereas the latter more focused on the opinions of the affected tenants. Some recommendations would be addressed lastly after consolidated the literature and findings of the whole analysis.
School:The University of Hong Kong
School Location:China - Hong Kong SAR
Source Type:Master's Thesis
Keywords:housing subsidies china hong kong evaluation
Date of Publication:01/01/2005