Abstract
The objective of this study is to study the determinants of Hong Kong’s housing prices. Empirical results from this study suggest that Hong Kong’s housing prices are (1) positively related to per-capita GDP; (2) positively related to Hong Kong’s export; (3) negatively related to departure of Hong Kong’s residents; (4) negatively related the total inward and outward movements of goods vehicles; (5) positively related to commercial property prices; and (6) negatively related to factory prices.
Original language | English |
---|---|
Pages (from-to) | 352-355 |
Number of pages | 4 |
Journal | Journal of economics, business and management |
Volume | 3 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2015 |
Keywords
- Consumption
- GDP
- Hong Kong
- Housing prices