Hong Kong Housing Problem Is Not Only Attributed to the High Population Density

In China, since the reform and opening-up, there have been two waves of immigration in the last century late 70s and early 90s. With the advent of a new century, China’s economy has come into the phase of rapid development and its informatization construction has been developed at a high speed. Surprisingly, at that time, there is growing the third emigration which is a larger scale one. Among these immigrants, the professional elite and the proportion of affluent people increases year by year.

After civil war had settled down, many immigrants came to America to live from many countries such as Germany, Ireland, and England. There are as many as 12 million immigrants at this time. Regarding Chinese immigration, they immigrated to the United States from 1849 to 1882. Between this period, America had California Gold Rush, which is one of the reasons Chinese people immigrated. Because the Chinese Exclusion Act was taken into practice, no more Chinese people could immigrate to the United States after 1882. Chinese immigration is the divergent point for Chinese’ lives who lived in America.

In many cases throughout America’s history immigrants have settled here for many different reasons. In conclusion these reasons were known as push and pull factors. Push factors are factors that repel migrants from their country. And pull factors are factors that attract migrants to move. In my main immigrant group which is the Chinese, there were several push and pull factors that I will be mentioning. First, some of the push factors that were included in my group were the fact that there were a lot of disasters. For example there was draught, poverty, a famine, and floods were also included in these disasters. To state these factors more specifically, it was around the 1840s and 1850s when

Investors have a number of development options in this community. Since it has remained primarily residential for years, there are many different vacant lots developed. The community's real estate prices are rising, so investors have the option of just buying the lot and leaving it vacant until they sell it.

“Push factors like Chinese facing military and political chaos, harsh economic conditions, collapsing of the feudal system, a lack of business spirit due to the ineffectiveness of trade regulations, high taxes, lack of private investments and the dream of prosperity in America lcontributed to Chinese immigration. From 1840-1900, a significant influx of Chinese immigrants came to Hawaii and United States. However, they immigrated to other countries, including Australia, Canada, Africa, South

Two economic factors affect supply in a stable housing market, price of related goods or similar houses, and the price of the good, best represented by style or size in the case of the housing market. The affluence of a community typically determines how much homes sell for in those communities, and therefore communities where a lot of people want to live become areas where average home prices are high. (Kumar, 1) There is little space in these affluent communities, and therefore little supply. A good example is New York City, where no homes are available, only apartment buildings, and very few apartments are actively exchanged each year.

Immigration, as above mentioned, the last decade had a number of population moved to the area. The Chinatown had extremely high foreign born rate, 71 percent residents

The first wave of Chinese immigration was due to the California Gold Rush, which lasted from 1848-1855. People from all over, not just China, came over at this time to try and get rich by panning for gold. During this same time, many Chinese immigrants came to America in hopes of working as contract laborers. The main goal for these immigrants was to escape the harsh living conditions that existed in the rural parts of China. The immigration rate then slowed down due to the Chinese Exclusion Act that was passed by Congress in 1882. This act limited the number of immigrants from China that could come into the country. As pointed out by Edlie Wong, “The Chinese Exclusion Act banned not only the immigration of Chinese laborers to the US, but also the naturalization of Chinese already in the US” (Wong 524). This obviously had an effect on the number of Chinese immigrants that were in the United States, which had an effect on the American culture since we have been known as the melting pot of the world.

Multiple reasons exist for the the lack of affordable housing. On the demand side these include population growth and increased migration to urban areas, easily accessible housing finance, tax incentives and a “strong cultural preference for owner-occupied detached houses”. On the supply side, affordability problems are exacerbated by inflexible and slow responses to the need for new housing stock, lack of infrastructure and generally inefficient planning processes and development assessment by local governments.

. Tech firms already established in San Francisco, the diversity of the Bay Area’s population has been growing equally remarkable. People, who live and work in metropolitan area relies on several benefits such as economic, cultural, and social. Systematically the density of the population comes to the center housing and business offices can be built nearby the area, which could be closed to employee’s jobs in the urban development area. As a result, the construction cost increases. Mostly, when high-rise buildings replace urban sprawl housings, which are already in place and low-density buildings tend to increase the value of the land skyrockets. Simultaneously, the landowners, investors increase the land value, which leads to increased rental

For example, a large part (about 50 percent) of the young people in Taiwan from age group 25 - 40 years live with their parents so as they save on housing costs and some researcher consider this one with main reason low birth rate (0.9 in 2010) in the country (Chen, 2015). It also defines the importance of a housing issue for governments in all countries. Therefore, the governments of the developed and developing countries realize the different programs for improving the housing condition its own

The public housing authority, Housing Development Board (HBD) was a very important aspect to Singapore’s basic shelter needs. In 2007, basic shelter needs were used for 3.7 million of Singapore’s population. Singapore is considered a city-state in South East Asia where the government is heavily involved. As a non-profit organization, the local government is responsible for overseeing and administering certain decisions and responsibilities of Singapore’s public housing. The Housing Development Board was mainly involved in the pricing, marketing and sales of the public housing authority (Jick & Peiperl, 2011).

I shall look into details how policies in the public and private housing market and the immigration policies affects the private market, despite property prices steadily increasing, the private property market in Singapore continues to boom. There are many factors that play a role in this drastic demand for private property

Hong Kong and England have an inseparable relationship with each other. Starting from 1842 to 1997, Hong Kong was one of the colonies under British Empire. The 156 years relationship ended when United Kingdom transferred Hong Kong’s sovereignty to the China government on 1st July 1997. In this period, British government controlled Hong Kong Education and Housing policies but those policies are not as same as England. After the regime shifted to China, Hong Kong government had changed from the old policies. In the project, I will mainly focus on the comparison of the policies after 1997. In the first part, I will introduce the education policy in Hong Kong and England. The following part is the introduction of the housing policy in Hong

China is one of the major economical players in today’s international market. China’s economy is the “seconds largest in the world after the United States” (Joseph, 63). This is a striking achievement due to fact that China is a “developing country”. China has achieved a great amount of success through the collaboration of political and economical regimes. The economical growth in China led to “one of the biggest improvements in human welfare anywhere at anytime” (Kristof, 15). Currently, China is experiencing a real-estate bubble. This eventually will hit a climax, disrupting the real-estate market within China. This real estate bubble that China is undergoing is considered one of the "biggest housing