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From Policy to Practice: The Operational Mechanics of Hong Kong’s Public Housing Allocation
- 1 HeFei Thomas School, No. 88, Yujing Road, HeFei, China
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Abstract
Housing policy be identified that the prescriptive measures established by the government for addressing housing problems and interventions. By formulating and implementing housing policies tailored to the country's specific characteristics, these policies serve to guide the development of the housing industry, manage the housing resources, and ensure a fair resolution of the housing problem. However, research and professional analysis of housing demand within a particular city is an challenging task. Our report explains Hong Kong's housing allocation mechanism from a market design perspective by analyzing argument, historical digital evidence from relevant and reliable literatures. And then we have modeled and evaluated the mechanisms of Hong Kong public rental housing allocation. In occlusion, this paper concludes that although the mechanism itself can be improved, but the housing issues in Hong Kong is more about other external factors. And this report provides a more detailed view of Hong Kong's public Housing policy.
Keywords
Policy, Allocation, Mechanics
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Cite this article
Wang,H. (2024). From Policy to Practice: The Operational Mechanics of Hong Kong’s Public Housing Allocation. Advances in Economics, Management and Political Sciences,87,260-265.
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Volume title: Proceedings of the 2nd International Conference on Management Research and Economic Development
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